twinsmom5588 twinsmom5588

12-04-2018
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contestada

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What is the simple interest of a loan for $1,000 with 5 percent interest after 3 years?

$50

$150

$1,050

$1,150

Respuesta :

ogatkinson2005 ogatkinson2005

12-04-2018

The answer would be $1,150 because the interest is 5 percent over a 3 year period. 3x5=15

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brebun4742 brebun4742

31-01-2019

$150 ---- gradpoint

Answer Link

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