Mathematics, 24.03.2021 19:00, kim643

Cassandra obtains a loan with simple interest to buy a car that costs $8,500. If Cassandra pays $1,020 in interest during the four-year term of the loan, what was the rate of simple interest? A. 8.3%

B. 3%

C. 0.03%

D. 12%

Answers: 3

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Cassandra obtains a loan with simple interest to buy a car that costs $8,500. If Cassandra pays $1,0...