Michelle is trying to buy a car that costs $35,550, and she has saved up $20,700. she borrowed the remaining amount that she needed from a finance company. she now owes a total of $19,365 to the finance company. how much is the simple interest that accrued on this loan based on the original amount borrowed?

$ 4,515

Step-by-step explanation:

The cost of the car she wanted to buy = $35,550

Her savings = $20,700

That means she needs( $35,550 - $20,700) more in order for her to buy the car.

Amount borrowed from the finance company  = $35,550 - $20,700

= $ 14,850

Since she now owes the financial company a total of $19,365, then the interest accrued by the loan she borrowed is given by:

$19,365 - $ 14,850

= $4,515

a

b

d

step-by-step explanation:

step-by-step explanation: