Mathematics, 24.03.2021 04:20 xsanexensprocke7341

Shawn wants to buy a new car. He goes to the bank and takes out a loan in the amount of $12,000. Over the next 4 ½ years, Shawn must pay back his loan with a 2.5% simple interest rate. How much money will Shawn pay back to the bank, in total?

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Shawn wants to buy a new car. He goes to the bank and takes out a loan in the amount of $12,000. Ove...