math
posted by Amber .
If you borrow $5,000 at an APR of 5%. Find the interest, I after 36 months

$5000 @ .05/yr for 36 months = 3 yrs
5000 * 3(.05) = interest
5000 * .15 = 750
Respond to this Question
Similar Questions

math
you borrow 5,000 at APR 4% percent find the interest i after 18 months? 
math
Assume the car can be purchased for 0% down for 60 months (in lieu of rebate). A car with a sticker price of $42,100 with factory and dealer rebates of $5,100 (a) Find the monthly payment if financed for 60 months at 0% APR. (Round … 
math
Assume the car can be purchased for 0% down for 60 months (in lieu of rebate). A car with a sticker price of $42,100 with factory and dealer rebates of $5,100 (a) Find the monthly payment if financed for 60 months at 0% APR. (Round … 
Math
Assume the car can be purchased for 0% down for 60 months (in lieu of rebate). A car with a sticker price of $42,200 with factory and dealer rebates of $5,100 (a) Find the monthly payment if financed for 60 months at 0% APR. (Round … 
math
Assume the car can be purchased for 0% down for 60 months (in lieu of rebate). A car with a sticker price of $42,650 with factory and dealer rebates of $5,100 aFind the monthly payment if financed for 60 months at 0% APR. (Round your … 
math
Assume the car can be purchased for 0% down for 60 months (in lieu of rebate). A car with a sticker price of $42,650 with factory and dealer rebates of $5,100 Find the monthly payment if financed for 60 months at 0% APR. Find the monthly … 
math  APR
Assume the car can be purchased for 0% down for 60 months (in lieu of rebate). A car with a sticker price of $42,650 with factory and dealer rebates of $5,100 aFind the monthly payment if financed for 60 months at 0% APR. (Round your … 
math apr
A car with a sticker price of $42,650 with factory and dealer rebates of $5,100 (a) Find the monthly payment if financed for 60 months at 0% APR. (Round your answer to the nearest cent.) (b) Find the monthly payment if financed at … 
Algebra
Assume the car can be purchased for 0% down for 60 months (in lieu of rebate). A car with a sticker price of $42,900 with factory and dealer rebates of $5,100 (a) Find the monthly payment if financed for 60 months at 0% APR. (Round … 
math
Karen borrowed money from a loan shark at an interest rate of 114% APR. Karen paid the loan shark $12150.00 back after 25 months (after being threatened a few times). What will be the time in the formula be for this calculation?