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You borrow 18000 dollars to buy a new car you will pay 3240 in simple interest rate at the end of 6 years what is the annual interest rate on your interest rate

You borrow 18000 dollars to buy a new car you will pay 3240 in simple interest rate at the end of 6 years what is the annual interest rate on your interest rate
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You borrow 18000 dollars to buy a new car you will pay 3240 in simple interest rate at the end of 6 years what is the annual interest rate on your interest rate

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User Yurii Kotov
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1 Answer

1 vote
540 dollars per year.
answered
User Chinenye
by
7.8k points
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