Answered

Don buys a car for $22,500. Don gets a loan for 5 years with an interest rate of 3% per year. How much total interest will Don pay over the five years?

Answer :

Answer:

$3375

Step-by-step explanation:

I=Interest

P=Principal

R=Rate

T=Time

The rule of the simple interest is:

I=PRT

I=22500×0.03×5

I=$3375

NEK01SHGO
3375$ hope this helps

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