Question

(I’ll brainlist)

Answer 1

Answer:

Your question is not complete as you have not mentioned the loan amount ,

As By simple intrest formula ,

A = PRT

we didn't know the principal (loan) amount so you have to pay

A = 0.05P

Answer 2

Kind of depends. What was the loan you took out? From there I believe you find 5% of the loan total. That will be what they charge you. Not sure about 2) because the loan is what you took from them, so you would kind of already start with the answer.
So just find 5% of the loan. Again, I am not 100% sure but I think that’s how you would find the answer.