A dealer is offering a car loan which will cost you $400 interest over 6 years on a $3000 loan. What is the annual interest rate for this l

Question

A dealer is offering a car loan which will cost you $400 interest over 6 years on a $3000 loan. What is the annual interest rate for this loan?
A) 1.8%
B) 2%
C) 2.2%
D) 2.4%

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Ben Gia 4 years 2021-07-19T05:40:12+00:00 2 Answers 23 views 0

Answers ( )

  1. Nho
    0
    2021-07-19T05:41:23+00:00
    Reply

    Answer:

    C) 2.2%

    Step-by-step explanation:

  2. RuslanHeatt
    0
    2021-07-19T05:41:47+00:00
    Reply

    C hope this helped you

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