Mrs. Rolle purchases a car which costs $10,000. She pays a deposit of $2,000. She borrowes the rest from the bank at a simple interest rate of 12% per annum for three years.
a) I. How much money does she burrow from the bank?
II. Calculate the simple interest on the Principal.
b) How much does she repay the bank altogether?
c) She makes equal monthly payments of $300 except for the final month. How much is her final payment?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Mrs. Rolle purchases a car which costs $10,000. She pays a deposit of $2,000. She borrowes the rest from the bank at a simple interest rate ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The area of the base of a prism is 70 mm2. The perimeter of the base is 50 mm. The height of the prism is 9 mm. What is the surface area of the prism? A. 129 mm2 B. 520 mm2 C. 590 mm2 D. 730 mm2
Answers (1)
Compare 1/3 of 60 to 1/5 of 100
Answers (2)
If x is a positive integer, for how many different values of x is √48/x a whole number? 2 3 6 10
Answers (1)
A box of 15 cookies cost 9 dollars how much is one cookie?
Answers (1)
2/15 as a whole number
Answers (2)
New Questions in Mathematics
What's 12 * 6 / 3 * 2 / 8
Answers (2)
Sebastian's pool is filled with270 cubic meters of water. The base of the pool is 15m long and 9m wide. What is the height of the water in Sebastian's pool?
Answers (1)
What is the unit rate for 6 pack soda for $7.96
Answers (1)
How far from Memphis to Milwaukee
Answers (2)
How is - 5/6 less than - 0.94 show work
Answers (1)