Sandy borrows $1250 from the bank. The loan terms is 18 months with 5% annual interest. How much interest will she pay? How much will she pay back in all?

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Thu San asked May 23, 2023

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Sandy borrows $1250 from the bank. The loan terms is 18 months with 5% annual interest. How much interest will she pay? How much will she pay back in all?

Mathematics
college

Thu San asked May 23, 2023

by Thu San

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16 votes

Answer:

Explanation:

1250x0.05x1.5=93.75

93.75 is the interest

1343.75 is the total ammount.

Rostamiani answered May 28, 2023

by Rostamiani

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