What is the answer to the question?? Is the answer even on there?

Mathematics

1 answer:

lord [1]2 years ago

3 0

Answer:

D. $105,750

Step-by-step explanation:

Use the formula I=prt,which stands for "Interest equals principal × rate × time" The clue to use that formula was the phrase "simple interest" The principal is the original amount of the loan, $150,000.

The interest rate is the 3.7% or 4.2% but you MUST change these to a decimal to use them. So we'll be using .037 and .042 for these calculations. The time part of the equation is the 15 years or the 30 years. See image.

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<span>If you're having problems understanding this answer, try seeing it through your browser: brainly.com/question/2155752

$\large\textsf{I hope it helps. :-)}$

Tags: <em>function domain real rational factorizing special product interval</em>

</span>

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