Ask Question
24 May, 10:27

Matthew borrowed $24,000 dollars to buy a new truck. After 5 years, he paid $7,500 in simple interest. What was the interest rate on his truck loan?

+5
Answers (1)
  1. 24 May, 14:00
    0
    P=24000

    Interest = 7500
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Matthew borrowed $24,000 dollars to buy a new truck. After 5 years, he paid $7,500 in simple interest. What was the interest rate on his ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers