Register

Max's parents bought $8,000 from the bank for a new car. The interest rate is 6% per year. How much simple interest will they pay if they take 3 years to repay the loan?

Max's parents bought $8,000 from the bank for a new car. The interest rate is 6% per year. How much simple interest will they pay if they take 3 years to repay the loan?
asked 157k views
3 votes
Max's parents bought $8,000 from the bank for a new car. The interest rate is 6% per year. How much simple interest will they pay if they take 3 years to repay the loan?

asked
User Sachinda Nirmal
by
8.2k points

1 Answer

1 vote

Answer:

1440

Explanation:

Max's parents bought $8,000 from the bank for a new car. The interest rate is 6% per-example-1
answered
User Manjeet Deswal
by
7.8k 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
How do you estimate of 4 5/8 X 1/3
Link Copied!