Brainlyboi1422
contestada

50 POINTS IF YOU ANSWER THIS QUESITON CORRECTLY. AND YOU CAN GET BRAINLIST IF YOU ANSWER QUESTION WITH EXPLANATION. :] 3. You purchase a car using a $25,000 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 save by paying the loan off sooner? Show your work.

Respuesta :

aespinoza3

Answer:

a) $25,261

b) $25,156

Step-by-step explanation:

I'm sorry but I don't know how to show my work because I just searched up "Car Loan Calulator" :|

So don't put me up for Brainlist

Answer:

free points

Step-by-step explanation:

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