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aleksley [76]
3 years ago
7

Sierra is getting a loan to purchase a car, but she has a few options for loan

Mathematics
1 answer:
Veronika [31]3 years ago
8 0

Answer:What would be the interest cost(simple interest) for a $3000 loans with a 8% rate for nine months of a years? [Simple interest= Principal Rate Time. In this case, time is 9/12(for 0.75 of a year).

Step-by-step explanation: The cost to borrow the money, expressed as a percentage of the loan. After you enter the details, the auto loan payment calculator automatically ...A finance charge is the dollar amount that the loan will cost you. Lenders generally charge what is known as simple interest. The formula to calculate ...

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