Register

If Sally purchases a car for $22,000 with a 5 year loan having a 2.5% interest rate, how much simple interest will she have to pay on the loan? A.$2,750.00 B.$19,250.00 C.$24,75…

If Sally purchases a car for $22,000 with a 5 year loan having a 2.5% interest rate, how much simple interest will she have to pay on the loan? A.$2,750.00 B.$19,250.00 C.$24,75…
asked 124k views
2 votes
If Sally purchases a car for $22,000 with a 5 year loan having a 2.5% interest rate, how much simple

interest will she have to pay on the loan?

A.$2,750.00
B.$19,250.00
C.$24,750.00
D.$275,000.00

asked
User Kevin Suchlicki
by
8.0k points

1 Answer

2 votes
It is out of A or D but I want to go with A
answered
User Sanooj T
by
8.8k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!