Mathematics, 29.06.2019 20:30, swaggsuperman713

You purchase a car using a $20,000 loan with a 5% simple interest rate. (a) how much interest do u pay on your loan if you pay off the loan in 4 years ? show your work (b) how much interest do u pay on your loan if you pay off the loan in 2 years? show your work (c) how much interest do u save by paying the loan off in 2 years instead of 4? show your workme out

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You purchase a car using a $20,000 loan with a 5% simple interest rate. (a) how much interest do u...