Question

The car John wants to purchase costs $12,500. If he makes a down payment of $3,000, how much will interest be calculated on?


Select the best answer from the choices provided.
$9,500
$15,500
$6,500
$12,500

Answer 1

9500

Answer 2

Thanks u

Answer 3

@TheMicronic, we at OpenStudy try not to give direct answer, but to teach the person asking the question. @Sdelgado95, do you know why it is $9500?