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To buy a car, Jessica borrowed $15,000 for 3 years at an annual simple interest rate of 9%. How much interest will she pay if she pays the entire loan off at the end of the thir…

To buy a car, Jessica borrowed $15,000 for 3 years at an annual simple interest rate of 9%. How much interest will she pay if she pays the entire loan off at the end of the thir…
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To buy a car, Jessica borrowed $15,000 for 3 years at an annual simple interest rate of 9%. How much interest will she pay if she pays the entire loan off at the end of the third year? What is the total amount she will repay

asked
User Tekill
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7.3k points

1 Answer

2 votes

Answer:

Jessica will repay a total of $19,050 on her loan.

Hope This Helps :3

answered
User Jane Kathambi
by
8.9k points
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