mirianreveles12 mirianreveles12

20-10-2020
Mathematics

contestada

I borrowed $1,000 for 5 years with 7.5%
simple interest per year. What is
the equation to find how much simple
interest is paid?

Respuesta :

Warrenwetzelalden Warrenwetzelalden

20-10-2020

Answer:

(1000*5)= 5000*.075= 375. then 5000+375=5,375

Answer Link

naomigriffiths0 naomigriffiths0

20-10-2020

1000*1.075^5, hope this helps

Answer Link

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