Anonymous Anonymous

16-01-2017
Mathematics

Answered

Denise has a car loan of $8,000. Over the course of the loan, she paid a total of $1,680 in interest at a simple interest rate of 6%. How many MONTHS was the loan??

Verified Answer :

16-01-2017

80006%=480
1680/480=3.5years
3.512=42 months

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