Tonya took out a loan to help pay for her house. She borrowed $60,000 for 15 years at a yearly simple interest rate of 5%. How much interest will she end up paying the bank?

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asked Apr 16, 2018 22.2k views

1 vote

Tonya took out a loan to help pay for her house. She borrowed $60,000 for 15 years at a yearly simple interest rate of 5%. How much interest will she end up paying the bank?

Mathematics
middle-school

Allan Stepps asked

by Allan Stepps

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1 Answer

3 votes

I got 45000 for this one.

Emmalyx answered Apr 21, 2018

by Emmalyx

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