A credit union loans a member $5,000 for the purchase of a used car. the loan is made for 18 months at an annual simple interest rate of 6.9%. what is the maturity value of the car loan?
+1
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A credit union loans a member $5,000 for the purchase of a used car. the loan is made for 18 months at an annual simple interest rate of ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Mathematics » A credit union loans a member $5,000 for the purchase of a used car. the loan is made for 18 months at an annual simple interest rate of 6.9%. what is the maturity value of the car loan?