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Consumer Math Test You borrow $13,000 to buy a car. You borrow the money for 4 years and the interest rate is 2.5%

Consumer Math Test You borrow $13,000 to buy a car. You borrow the money for 4 years and the interest rate is 2.5%
asked 190k views
1 vote
Consumer Math Test

You borrow $13,000 to buy a car. You borrow the money for 4 years and the interest rate is 2.5%

asked
User Clopez
by
8.6k points

1 Answer

1 vote

Answer:

$1300 hope this helps

Explanation:

i= prn/100

i= 1300x2.5x4/100

i= $1300

answered
User Nachik
by
7.8k points
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