dezy12061 dezy12061

20-05-2021
Mathematics

contestada

If you borrowed $3,500 to buy a new car at 3% interest and paid it back in 4 years. How much would you pay in interest?

Respuesta :

lonelyfrog471 lonelyfrog471

20-05-2021

Answer:

$420

Step-by-step explanation:

Calculate 3% of 3,500:

0.03*3500 = 105

105 per year for 4 years:

105*4 = 420

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