3 years ago

Please quick You purchase a car using a $15,000 loan with a 5% simple interest rate.

Mathematics

1 answer:

Murljashka [212]3 years ago

5 0

Answer:

a) $3000

Step-by-step explanation:

interest = Principal x rate as decimal x time

interest = 15,000 x 0.05 x 4

interest = 3000

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