•will give • marcus borrowed $4,000 to buy a car. if his monthly payments are $184.17 for 2 years, what is the simple interest rate of the loan? show work.

If you are adding on to 4,000, this would be 8,420.  But if you are not, this would be 4,420

Step-by-step explanation:

2 years is 24.  24x184.17 is 4,420.  plus 4,000 would be 8,420.

step-by-step explanation:

look at the picture.

y-intercept for the function on a picture is 4 → point (0, 4).

y-intercept for the function

is for x = 0. substitute:

y-intercept is 8 → point (0, 8).