1 Answer

Trevor Burnham · Answer 1 · 2020-05-23T23:04:54+0000

Answer: $15

Step-by-step explanation:

$\\$ Using the formula for calculating interest

$\\$ I = PTR/100

$\\$ Since it was borrowed for 1 month , the time will be expressed in years , which is 1/12

$\\$ so, I = 3600 x 1/12 x 5

$\\$ = $15

Please log in or register to add a comment.