Answered You can hire a professional tutor to get the answer.
QUESTION
Charlie took out a car loan for $13,000 at 3% simple interest. a.) How much interest will he pay after 6 years? b.) Suppose he pays off the loan in 4 years instead of 6 years. How much money will he
Charlie took out a car loan for $13,000 at 3% simple interest.
a.) How much interest will he pay after 6 years?
b.) Suppose he pays off the loan in 4 years instead of 6 years. How much
money will he save in interest?
