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.
Answer:
d
Step-by-step explanation:
a, b, and c are independent, because they don't necessarily affect the probability of each other.
Answer:
я не знаю потому что я не говорю по русски
Step-by-step explanation:
Do you know what the answer choices are?
