SOLUTION: Mark borrows $22,000 to buy a new car. If the simple interest rate on the car loan is 9.35% and he pays off the loan in 6 years, how much interest does he pay?
22000-(22000(1+.
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-> SOLUTION: Mark borrows $22,000 to buy a new car. If the simple interest rate on the car loan is 9.35% and he pays off the loan in 6 years, how much interest does he pay?
22000-(22000(1+.
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Question 989026: Mark borrows $22,000 to buy a new car. If the simple interest rate on the car loan is 9.35% and he pays off the loan in 6 years, how much interest does he pay?
22000-(22000(1+.0935)^6 Answer by zhagi17(16) (Show Source):
