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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?

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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