Question

Wilma borrowed $11,000 from her uncle to buy a used car. Her uncle charged simple interest at 3.2% for 7 years. Find the total amount (principal and interest) that Wilma paid to her uncle. Wilma paid $\boxed{} to her uncle. (Simplify your answer.)

          Wilma borrowed $11,000 from her uncle to buy a used car. Her uncle charged simple interest at 3.2% for 7 years. Find the total amount (principal and interest) that Wilma paid to her uncle.
Wilma paid $\boxed{} to her uncle.
(Simplify your answer.)

Wilma borrowed 11,000 from her uncle to buy a used car. Her uncle charged simple interest at 3.2% for 7 years. Find the total amount (principal and interest) that Wilma paid to her uncle.
Wilma paid to her uncle.
(Simplify your answer.)

Added by Cristian P.

Elementary and Intermediate Algebra

Alan S. Tussy, R. David Gustafson 5th Edition

Instant Answer

Solved by Expert Danielle Fairburn

05/25/2023

Step 1

- Principal amount (P) = $11,000 - Interest rate (r) = 3.2% = 0.032 - Time period (t) = 7 years - We need to find the total amount paid (principal + interest) Show more…

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Wilma borrowed $11,000 from her uncle to buy a used car. Her uncle charged simple interest at 3.2% for 7 years. Find the total amount (principal and interest) that Wilma paid to her uncle. Wilma paid $ to her uncle. (Simplify your answer.) Wilma borrowed $11,000 from her uncle to buy a used car. Her uncle charged simple interest at 3.2% for 7 years. Find the total amount (principal and interest) that Wilma paid to her uncle. Wilma paid sto her uncle (Simplify your answer.)