Question:

To buy a car, Jessica borrowed $15,000 for 3 years at an

Last updated: 7/22/2022

To buy a car, Jessica borrowed $15,000 for 3 years at an

To buy a car, Jessica borrowed $15,000 for 3 years at an annual simple interest rate of 9%. How much interest will she pay if she pays the entire loan off at the end of the third year? What is the total amount that she will repay?