charitojc23
contestada

Alyssa wants to buy a new car and is planning to take out a loan to pay for the car.

Her loan amount is $13,095

Her interest rate is 0.08 (this is the decimal equivalent of the %, you do not change)

She plans to pay the loan off in 6.00 years.

What is the amount of interest that Alyssa will pay on her loan?

Respuesta :

NickRM

Answer:

If it is a yearly interest, the amount is 4,190.4. if that is the total interest, the amount is 1,047.6

Step-by-step explanation:

Find 0.08 od 13,095 to get your interest due.