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Vladimir79 [104]
3 years ago
13

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:

a)

interest = Principal x rate as decimal x time

interest = 15,000 x 0.05 x 4

interest = 3000

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