Madison is buying a $3,000 car at 9% simple interest for 2 years. What will be the total amount she pays for the car?

$3,090

$3,180

$3,270

$3,540

The correct answer is D. $ 3,540

Step-by-step explanation:

1. Let's review the information given to us to answer the question correctly:

Amount of the loan = $ 3,000

Interest rate = 9% annual simple interest = 0.09

Years to pay the loan = 2 years

2. What will be the total amount she pays for the car?

Total amount Madison will pay for the car = Amount of the loan * [1 + (Interest rate * Number of years) ]

Total amount Madison will pay for the car = 3,000 * [1 + 0.18]

Total amount Madison will pay for the car = 3,000 * 1.18

Total amount Madison will pay for the car = 3,540

The correct answer is D. $ 3,540