Monica got a $4,500 car loan, to be paid in 3 years. The interest rate is 5%. What will the interest rate is 5%. What will be the interest be at the end of the 3 years? What is the total she will need to pay back? Amount of Interest:

Total amount paid back:

(Please include how you got the answer and not just take my points for no reason)

$5,175

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 5%/100 = 0.05 per year,

then, solving our equation

I = 4500 × 0.05 × 3 = 675

I = $ 675.00

The simple interest accumulated

on a principal of $ 4,500.00

at a rate of 5% per year

for 3 years is $ 675.00.

step-by-step explanation:

in the absence of parentheses, i will have to make some assumptions:   i interpret your (3x+5/y^6)(4y^3/5)​ to mean:

3x + 5     4y^(3/5)       (3x + 5)(4)

* =

    y^6             1               y^(6-3/5)

if this is not what you expected, repost your question using parentheses to indicate whether you meant

4y^3

    or   4y^(3/5)

    5

dont think so

step-by-step explanation: