rajeawilson rajeawilson

23-11-2020
Mathematics

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To buy a car, Jessica borrowed $15,000 for 3 years at an annual simple interest rate of 9%. How much interest will she pay if she pays the entire loan off at the end of the third year? What is the total amount she will repay

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23-11-2020

Answer:

Jessica will repay a total of $19,050 on her loan.

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