Question

Noah bought a new car costing $25,350 He took out a 5 year loan at a simple interest rate of 6.5% How much interest did Noah pay on his car loan? $
(BRAINLIEST IF CORRECT!!)​

Answer 1

Answer:  8238.75

Work Shown:

i = P*r*t

i = 25350*0.065*5

i = 8238.75

Answer 2

Answer:

He paid $6591 on his car loan