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Anthony takes out a student loan to pay for his college tuition this year. Find the interest on the load if he borrowed $6,000 at an annual interest rate of 6% for 15 years​

Anthony takes out a student loan to pay for his college tuition this year. Find the interest on the load if he borrowed $6,000 at an annual interest rate of 6% for 15 years​
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Anthony takes out a student loan to pay for his college tuition this year. Find the interest on the load if he borrowed $6,000 at an annual interest rate of 6% for 15 years​

User Vincent Demeester
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1 vote

Answer:

the interest would be $5,400 after 15 years

User Dan Metheus
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