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Laura borrowed $175,000 at a rate of 5% simple interest for 15 years. How much interest will Laura pay? A. $13,125 B. $58,350 C. $131,250 D. $306,250

Laura borrowed $175,000 at a rate of 5% simple interest for 15 years. How much interest will Laura pay? A. $13,125 B. $58,350 C. $131,250 D. $306,250
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3 votes
Laura borrowed $175,000 at a rate of 5% simple interest for 15 years. How much interest will Laura pay?

A.
$13,125

B.
$58,350

C.
$131,250

D.
$306,250

User Annetta
by
7.7k points

1 Answer

3 votes

Answer:

Im pretty sure its B...

User Scott Craner
by
8.4k points
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