tarrawright08 tarrawright08

23-01-2018
Mathematics

contestada

You obtain a simple interest loan from National City for $2,500 at 7.5% for 5 years. Find the amount of interest on the loan.

Respuesta :

DankMemes322 DankMemes322

23-01-2018

(2500*7.5%)*5= you answer .075=7.5%

2500*.075=187.5

187.5*5=937.5

Your answer is 937.5

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shayshayshay1432 shayshayshay1432

03-02-2019

Answer:

i got 937.50

Step-by-step explanation:

Answer Link

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