Please help‼️‼️
To buy a laptop computer, Elaine borrowed
$2,000 for 3 years at an annual simple interest
rate of 5%. How much interest will she pay if she
pays the entire loan off at the end of the third
year? What is the total amount that she will
repay?
O $5,000.00
O $3,000.00
O $2,300.0
O $300.00