burnsemily958 burnsemily958

18-05-2021
Mathematics

contestada

You take out a simple interest loan for the remaining balance ($8004) of the car at a 5% interest rate per year for 6 years. How much interest will you have paid after 6 years?

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josslyn12 josslyn12

18-05-2021

when i’m doing percentages i like to divide by 100.
8004 / 100 = 80.04
80.04 x 6 = $480.24

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