Mathematics, 10.12.2021 03:20, josie311251

6 To buy a laptop computer, Elaine borrowed $2.000 for 3 years at an annual
simple interest rate of 5%. How much interest will she pay if she pays the entire
loan off at the end of the third year? What is the total amount that she will repay?

Answers: 3

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6 To buy a laptop computer, Elaine borrowed $2.000 for 3 years at an annual
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6 To buy a laptop computer, Elaine borrowed $2.000 for 3 years at an annual simple interest rate of 5%. How much interest will she pay if she pays the entire loan off at the end of the third year? What is the total amount that she will repay?

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6 To buy a laptop computer, Elaine borrowed $2.000 for 3 years at an annual
simple interest rate of 5%. How much interest will she pay if she pays the entire
loan off at the end of the third year? What is the total amount that she will repay?