Asked by Kay
                Nick borrowed $7150, to be repaired at an annual simple interest rate of 6.25%. How much interest will be due after 5 years? How much will Nick have to repay?
            
            
        Answers
                    Answered by
            Damon
            
    5 * .0625 * 7150 = interest due
total = interest due + 7150
    
total = interest due + 7150
                    Answered by
            Ms. Sue
            
    I = PRT
I = 7,150 * 0.0625 * 5
I = ?
    
I = 7,150 * 0.0625 * 5
I = ?
                    Answered by
            Daniella Felice
            
    2,234
    
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