Questions and answers by

ZAS

Answers (1)

Simple Interest(I) = PRT Principal(P)- $70,000 Rate of Interest(R)- 5%= 5/100= 0.05 Time(T)- 15 years I=P*R*T I= 70000*0.05*15 I= $52500 She will pay interest of $52500

Ask a New Question