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15-06-2021
Mathematics

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a car loan is $2,500 with an interest rate of 8.5% for three years. what is the interest on the car loan?

a)$63,750

b)$212.50

c)$637.50

d)$6,375.00

Respuesta :

CatArtist CatArtist

15-06-2021

Answer:

c) $637.50

Step-by-step explanation:

Formula: I= PRT

2500×8.5%×3 = 637.5

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