Answer:26
Step-by-step explanation:
4.5x2=9+17=26
8.5x2=17
Given that loan amount P=20000
Interest rate r=5% = 0.05
Time of loan t=4 years
Now to find the interest amount we just plug those values into formula
simple interest = P × r × t
simple interest = 20000* 0.05* 4
simple interest = 1000 * 4
simple interest = 4000
Hence final answer is choice b. $4000.
hope it helps you friend....!!
:)
Please give Brainlist if it helps...
Answer:
5 is the correct answer
