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.

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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 shayshayshay1432
  • 03-02-2019

Answer:

i got 937.50

Step-by-step explanation:


Answer Link

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