ryananderson5364
ryananderson5364 ryananderson5364
  • 19-04-2021
  • Mathematics
contestada

How much interest is earned on a $5,000 loan at 10% interest for 3 years?
1. $1,500
2. $125
3. $150,000
4. $15,000

Respuesta :

myusernameis1
myusernameis1 myusernameis1
  • 19-04-2021

Answer:

Total interest paid:$4,045.51

Total payments:$24,045.51

Step-by-step explanation:

Answer Link
aali7
aali7 aali7
  • 19-04-2021

Answer:

$1500

Step-by-step explanation:

i=PRT

i=3000×0.1×5

Answer= 1500

Answer Link

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