document.write( "Question 1179485: For a car loan using simple interest at a given rate, the amount of interest charged varies jointly with the loan amount (also known as the principal) and the time of the loan (in years). If a $15,000 car loan earns $2100 in simple interest over 5 years, how much interest will a $32,000 car loan earn over 7 years? \n" ); document.write( "
Algebra.Com's Answer #809138 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! For a car loan using simple interest at a given rate, the amount of interest charged varies jointly with the loan amount (also known as the principal) and the time of the loan (in years). If a $15,000 car loan earns $2100 in simple interest over 5 years, how much interest will a $32,000 car loan earn over 7 years? \n" ); document.write( " The interest rate is NOT 1.75%. It's actually 2.8%.\n" ); document.write( " |