The amount of interest after 3 years will be $15.
The complete question is given below.
You loaned a friend $100 and will charge him 5% annual simple interest when he pay it back. What is the amount of interest after 3 years?
<h3>What is simple interest?</h3>
Simple interest is the concept that is used in many companies such as banking, finance, automobile, and so on.
The interest is given as
I = (P × R × T) / 100
Where, P is the initial amount, R is simple interest rate, and T is the time.
We have
P = $100
R = 5%
T = 3 years
Then the interest will be
I = (100 × 5 × 3) / 100
I = $15
More about the simple interest link is given below.
brainly.com/question/2793278
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The number 50 is significant because, as shown by the line, it is the y-intercept. With 50 being the y-intercept, that means that when the price of TV equals 0, the number of TV's sold equals 50.
The correct answer is C. It is the initial value of the Line of Best Fit.
Hope this helps!! :)
Answer: I=33
Step-by-step explanation: hope this help
