averiegabehart averiegabehart
  • 29-08-2020
  • Mathematics
contestada

On a five-year loan of $2,000 with an interest rate of 5%, how much total interest will you pay?

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Achoover16
Achoover16 Achoover16
  • 29-08-2020

Answer:

40001/20

Step-by-step explanation:

might want to fact check it just in case.

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e24cecilcl
e24cecilcl e24cecilcl
  • 29-08-2020

Answer:

The answer i got after caculating is 500 because a one year interest is 100 so times it by 5 will get you 500

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