Mathematics, 05.05.2020 16:49 saintsfan2004
Dana is purchasing a new car that costs $24,650. The bank is charging 4% simple interest for 6 years to finance the car. Using I = PRT, where I represents the amount of interest, P equals the amount financed, R represents the interest rate as a decimal, and T represents the number of years the car is financed, how much interest will Dana pay?
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Dana is purchasing a new car that costs $24,650. The bank is charging 4% simple interest for 6 years...
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