Post a New Question

Math

posted by on .

Tonya took out a loan to help pay for her house. She borrowed $50,000 for 15 years at a yearly simple interest rate of 5%. How much interest will she end up paying the bank?

  • Math - ,

    I = PRT

    I = 50,000 * 0.05 * 15

    I = ?

  • Math - ,

    Tonya took out a loan to help pay for her house. She borrowed $50,000 for 15 years at a yearly simple interest rate of 5%. How much interest will she end up paying the bank?

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question