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Tony takes out a student loan to pay his college tuition this year. Find the interest on the loan if he borrowed $2500 at a simple interest yearly rate of 6% for 15 years.
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Tony takes out a student loan to pay his college tuition this year. Find the interest on the loan if he borrowed $2500 at a simple interest yearly rate of 6% for 15 years.
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Jun 21, 2019
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Tony takes out a student loan to pay his college tuition this year. Find the interest on the loan if he borrowed $2500 at a simple interest yearly rate of 6% for 15 years.
Mathematics
middle-school
Kartik Bhatt
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$8,250.00 for 15 years
Rae
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Jun 26, 2019
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Rae
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