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RUDIKE [14]
3 years ago
5

Tonya took out a loan to help pay for her house. She borrowed $40,000 for 15 years at a yearly simple interest rate of 5%. How m

uch interest will she end up paying the bank?
Mathematics
2 answers:
lesya692 [45]3 years ago
5 0
40,000*0.05= 2,000
2,000*15=
30,000
OLEGan [10]3 years ago
3 0
I may be wrong but it could be 30,000.
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To solve this problem you must apply the following proccedure:

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