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Rafael wants to buy a Go-Cart for $2,500. He can get a loan from the bank at 5% interest for three years. By the end of the loan, how much money will Rafael end up paying the ba…

Rafael wants to buy a Go-Cart for $2,500. He can get a loan from the bank at 5% interest for three years. By the end of the loan, how much money will Rafael end up paying the ba…
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Rafael wants to buy a Go-Cart for $2,500. He can get a loan from the bank at 5% interest for three years. By the end of the loan, how much money will Rafael end up paying the bank?

A. 2,875
B. 375
C. 2,125
D. 125

User Rithik
by
8.5k points

2 Answers

1 vote
The answer is D. 125
User Vladimir Sizikov
by
7.2k points
2 votes
C step by step answer
User Majidarif
by
8.2k points
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