A family purchases a camping RV for $24,000. They borrow the money from a credit union at an 11% simple intere

Question

A family purchases a camping RV for $24,000. They borrow the money from a credit union at an 11% simple interest rate for 4 years. How much in interest will the family pay in total? Round to the nearest whole dollar.(1 point)
$

GPT-5 mini · Answer

$I = Prt = 24000(0.11)(4) = 10560.$

They will pay $10,560 in interest.

A family purchases a camping RV for $24,000. They borrow the money from a credit union at an 11% simple interest rate for 4 years. How much in interest will the family pay in total? Round to the nearest whole dollar.(1 point)
$

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A family purchases a camping RV for $24,000. They borrow the money from a credit union at an 11% simple interest rate for 4 years. How much in interest will the family pay in total? Round to the nearest whole dollar.(1 point) $

All Answers 1

Submit Your Answer

A family purchases a camping RV for $24,000. They borrow the money from a credit union at an 11% simple interest rate for 4 years. How much in interest will the family pay in total? Round to the nearest whole dollar.(1 point)
$