Mathematics, 13.01.2020 14:31, Vanessar3143

Tonya took out a loan to pay for her house. she borrowed $60,000 for 15 years at a yearly simple interest rate of 5%. how much interest will she end up paying the bank?
a.
$9,000
b.
$450
c.
$45,000
d.
$450,000

Answers: 3

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Tonya took out a loan to pay for her house. she borrowed $60,000 for 15 years at a yearly simple interest rate of 5%. how much interest will she end up paying the bank? a. $9,000 b. $450 c. $45,000 d. $450,000

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Other questions on the subject: Mathematics

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Tonya took out a loan to pay for her house. she borrowed $60,000 for 15 years at a yearly simple interest rate of 5%. how much interest will she end up paying the bank?
a.
$9,000
b.
$450
c.
$45,000
d.
$450,000