3 years ago

aaron bought a $3000.00 car from chad used cars. what was his cost of credit if he had a 4 year loan at 3.5% interest

Mathematics

1 answer:

stepladder [879]3 years ago

4 0

I=ptr
i=(3000)(1461)(3.5%)
i=153405

his cost will be $153 405 by 4 years

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