Posted by Sanya on Monday, April 1, 2013 at 10:37pm.
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  Henry, Wednesday, April 3, 2013 at 4:12pm
I = Po*r*t = 50,000*0.05*15 = $37,500.

Math  Anonymous, Monday, February 6, 2017 at 10:54pm
Don put 4000 in a saving account with an interest rate of 4% for three years.if the interest is compounded annually,how much money will he have at the end of the three years?
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