Mathematics, 16.04.2021 21:00 shanayamcinnis15

If Sally purchases a car for $22,000 with a 5 year loan having a 2.5% interest rate, how much simple interest will she have to pay on the loan?

A.$2,750.00
B.$19,250.00
C.$24,750.00
D.$275,000.00

Answers: 2

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More questions: Mathematics Another questions

If Sally purchases a car for $22,000 with a 5 year loan having a 2.5% interest rate, how much simple interest will she have to pay on the loan? A.$2,750.00 B.$19,250.00 C.$24,750.00 D.$275,000.00

Answers

Another question on Mathematics

If Sally purchases a car for $22,000 with a 5 year loan having a 2.5% interest rate, how much simple interest will she have to pay on the loan?

A.$2,750.00
B.$19,250.00
C.$24,750.00
D.$275,000.00