Ask your own question, for FREE!
Mathematics 25 Online
OpenStudy (anonymous):

Frederick needs to borrow $3000 for a down payment on a new car. His uncle decided to loan him the money as a 3.2% loan. Frederick doesn't want to pay more than $672 in interest. How many years does Frederick have to pay back the loan? I've tried everything I know and I can't get the answer!

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!