Ask a New Question

Asked by Galaxie

You borrow $10,000 to buy a car. The simple interest rate is 3%. You pay the loan off after 6 years. What is the total amount you paid for the loan?
please and thank you
6 years ago

Answers

Answered by oobleck
10000(1 + .03*6) = ?
6 years ago
Answered by sqince
i need the answer
3 years ago

Related Questions

If you borrow $500.00 at 4.5% for a nine month period, what is the interest amount and how much must... If you borrow $5,000 at an APR of 5%. Find the interest, I after 36 months 1) You can borrow my car -----------------------the end of the month A) until... You borrow $185,000 to buy a house. The mortgage rate is 6.5 percent and the loan period is 32 years... If you borrow $10,000 over five years, at the end of the five years, what will you have paid?(1 poin... If you borrow $10,000 over five years, at the end of the five years, what will you have paid? (1...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use