Mathematics, 12.02.2021 23:40, brittanysanders

Micah took out a $5000 loan on a 6-year payment plan and was charged 5% simple interest per year. What is the TOTAL amount he would have to pay back? (I=prt) A.$5,150

B.$15,000

C.$6,150

D.$6,500

Answers: 1

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Micah took out a $5000 loan on a 6-year payment plan and was charged 5% simple interest per year. Wh...