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

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Feb 2, 2021 39.3k views

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

Mathematics
middle-school

Annetta asked

by Annetta

3.3k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

3 votes

Answer:

Im pretty sure its B...

Scott Craner answered Feb 8, 2021

by Scott Craner

3.3k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.6m questions

4.7m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions