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

What was the total interest?

$12.50

$125.00

$1,250.00

$12,500.00

User Momh
by
8.4k points

1 Answer

3 votes
The answer to your question is $1,250.00.
User Garini
by
9.0k points
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