Katie borrowed $2,500 at 10% interest for 5 years. What was the total interest? A. $12.50 B. $125.00 C. $1,250.00 D. $12,500.00 PLEASE HELP QUICKLY!

asked Jul 23, 2018 101k views

1 vote

Katie borrowed $2,500 at 10% interest for 5 years. What was the total interest? A. $12.50 B. $125.00 C. $1,250.00 D. $12,500.00

PLEASE HELP QUICKLY!

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6 votes

C. $1250
Move the decimal and multiply $250 by 5.

Xxorde answered Jul 26, 2018

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2 votes

answer is C. $1,250.00

$2,500 x 5 x 0.1 = $1250.00

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