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Mathematics, 29.06.2019 10:30 emmaccanttlon

1. you purchase a car using a $20,000 loan with a 5% simple interest rate. (a) suppose you pay the loan off after 4 years. how much interest do you pay on your loan? show your work. (b) suppose you pay the loan off after 2 years. how much interest do you pay on your loan? show your work. (c) do you pay more interest if you pay the loan off after 4 years or after 2 years? any body go to k12

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1. you purchase a car using a $20,000 loan with a 5% simple interest rate. (a) suppose you pay the...

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