Please quick You purchase a car using a $15,000 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. (10 points)

a) $3000

Step-by-step explanation:

a)

interest = Principal x rate as decimal x time

interest = 15,000 x 0.05 x 4

interest = 3000

points are handed out whenever you post answers.

brainliest answers are handed out by the person asking the question, so whether your answer is picked depends entirely on whether the asker bothers to pick

if you're asking about your rank, it depends on having a certain number of points and a certain number of brainliest answers. for example, at the time of this writing, i have 44338 points out of 15000 needed for the next (nearly triple the requirement! ) but i only have 24 out of 50 required brainliest answers. this number decays, meaning after a certain amount of time (i think about a month), the total number of brainliest answers you've earned doesn't count toward this total. (i've been stuck at the same rank for a long

the lesson to learn here is that you shouldn't worry about points or rank. chances are, no matter how good an answer you may provide, your efforts will go mostly unnoticed unless you focus on the newest/most active questions that get posted.

i would pic false cause it goes down towards negative

step-by-step explanation: