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Lois loans her sister Emily $2,000 with a simple interest rate of 1.5%. How much money will Lois make in interest if it takes Emily 3.5 years to pay her back
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Lois loans her sister Emily $2,000 with a simple interest rate of 1.5%. How much money will Lois make in interest if it takes Emily 3.5 years to pay her back

User Simone Chelo
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1 Answer

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Answer:3261.91

Step-by-step explanation: y=2000(1+.15)3.5

User Alexey Shrub
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