Seudónimo Seudónimo

13-12-2016
Mathematics

contestada

Tonya took out a loan to help pay for her house. She borrowed $40,000 for 15 years at a yearly simple interest rate of 5%. How much interest will she end up paying the bank?

Respuesta :

lexiebrown212 lexiebrown212

13-12-2016

i may be wrong but it could be 30,000.

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mysticmama mysticmama

13-12-2016

40,000*0.05= 2,000
2,000*15=
30,000

Answer Link

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