citycardriving123458 citycardriving123458

03-03-2020
Mathematics

contestada

Trevor borrows $4000 on a 5-
year loan. He is charged 5%
simple interest per year. How
much interest is he charged
for 5 years?

Respuesta :

diyapatel232 diyapatel232

04-03-2020

0.25% bc he is charged 5% per year so just multiple 5% times 5=0.25%

Answer Link

amna04352 amna04352

13-04-2020

Answer:

$1,000

Step-by-step explanation:

4000 × (5/100) × 5

1000

Answer Link

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