Mathematics, 21.01.2020 04:31 elainestorm9633
You purchase a car using a $20,000 loan with a 5% simple interest rate.
(a) suppose you pay the loan off after 4 years. how much interest do you pay on your loan? show your work.
(b) suppose you pay the loan off after 2 years. how much interest do you save by paying the loan off sooner? show your work.
Answers: 2
Mathematics, 21.06.2019 23:00
I'm at a bookstore with $\$35$ in my pocket and a $20\%$-off coupon. what is the cost of the most expensive book i can buy with my money and the coupon? (assume that there are books of every possible price in the bookstore. it's a large bookstore! )
Answers: 1
You purchase a car using a $20,000 loan with a 5% simple interest rate.
(a) suppose you pay t...
(a) suppose you pay t...
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