Ask Question
29 January, 10:38

Clarke borrows $16,000 to buy a car. He

pays simple interest at an annual rate of 6%

over a period of 3.5 years. How much does

he pay altogether?

A $18,800

B $19,360

C $19,920

D $20,480

+4
Answers (1)
  1. 29 January, 11:54
    0
    B. 19,360 16,000 (1 + (.06) 3.5)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Clarke borrows $16,000 to buy a car. He pays simple interest at an annual rate of 6% over a period of 3.5 years. How much does he pay ...” 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