Mary borrows $5,000 dollars from her mother at a 3% simple interest rate and pays her $600 in interest after (Math Processing Error) years. What is the value of (Math Processing Error)? 2 3 5 4

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asked Aug 22, 2020 47.6k views

2 votes

Mary borrows $5,000 dollars from her mother at a 3% simple interest rate and pays her $600 in interest after (Math

Processing Error) years. What is the value of (Math Processing Error)?
2
3
5
4

Physics
high-school

HopefullyHelpful asked

by HopefullyHelpful

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1 Answer

5 votes

Answer:

4 years

Step-by-step explanation:

5,000 times .03= 150

600/150=4

Henry He answered Aug 26, 2020

by Henry He

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