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What interest rate is the local credit union giving you on a car loan of 25,000 for 5 years if they will collect 1500 in interest? ASAP i only have 5 minutes

What interest rate is the local credit union giving you on a car loan of 25,000 for 5 years if they will collect 1500 in interest? ASAP i only have 5 minutes
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what interest rate is the local credit union giving you on a car loan of 25,000 for 5 years if they will collect 1500 in interest? ASAP i only have 5 minutes

asked
User Revdrjrr
by
8.2k points

1 Answer

3 votes

Answer:

1.2%

Explanation:

answered
User Khayyam
by
7.9k points
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