staanderson40
staanderson40 staanderson40
  • 19-04-2021
  • Mathematics
contestada

Gael has a car loan for $34,570. This loan has a simple interest rate of 3% per year. What is the amount of interest Gael will be charged on his car loan at the end of 5 years?

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aali7
aali7 aali7
  • 19-04-2021

Answer:

5185.5

Step-by-step explanation:

I=PRT

I=$34570×0.03×5

=5185.5

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dannii123 dannii123
  • 19-04-2021
5185.5
Workin on in class
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