2) You purchase a car using a $23,000 loan with a 4% simple interest rate. Suppose you pay the loan off after 5
years. How much interest do you pay on your loan? Please show your math work and don't forget the unit!
(Calculator is allowed but please write down the numbers that you enter into your calculator).

2 You purchase a car using a 23000 loan with a 4 simple interest rate Suppose you pay the loan off after 5 years How much interest do you pay on your loan Pleas class=