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Kerry took out a car loan for $11,000 at 9% simple interest. How much interest would she owe after 1 year if no payments were made? ​

Kerry took out a car loan for $11,000 at 9% simple interest. How much interest would she owe after 1 year if no payments were made? ​
asked 162k views
2 votes
Kerry took out a car loan for $11,000 at 9% simple interest. How much interest would she owe after 1 year if no payments were made? ​

asked
User Tikhon Jelvis
by
7.9k points

2 Answers

3 votes
990.00 is the answer
answered
User Iqueqiorio
by
8.0k points
3 votes

Answer:

$990.00

Explanation:

To find the simple interest, we multiply 11000 × 0.09 × 1

answered
User Samack
by
7.6k points
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