pete took out a 48 month loan for $5,200 to buy a used mortorcycle. if the simple interest rate is 8.5 % how much will he have p

Question

2 years ago

14

aid in total at the end of the loan?

2 answers:

alexdok [17] · Answer 1 · 2022-09-25T05:07:47+03:00

6 0

Answer:he would have paid $6,968.00

Step-by-step explanation:

5200x0.085=442. 42/12=4. 4x422=1768

1768+5200=6968

solong [7] · Answer 2 · 2022-09-25T06:48:09+03:00

solong [7]2 years ago

3 0

Answer:

23904 (please correct me if i'm wrong, i'm a bit rough on this)

Step-by-step explanation:

5,800 x 0.085 (or 8.5%) = 493

493 x 48 = 23904