Asked by Bill

Tonya took out a loan to help pay for her house. She borrowed $50,000 for 15 years at a yearly simple interest rate of 5%. How much interest will she end up paying the bank?
Answered by Ms. Sue
I = PRT

I = 50,000 * 0.05 * 15

I = ?

Answered by cameron
Tonya took out a loan to help pay for her house. She borrowed $50,000 for 15 years at a yearly simple interest rate of 5%. How much interest will she end up paying the bank?
Answered by Kenzie
12
There are no AI answers yet. The ability to request AI answers is coming soon!