UnderswapSans456
UnderswapSans456 UnderswapSans456
  • 03-05-2017
  • Mathematics
contestada

Tom borrowed $2,000 at an 11.5% simple interest rate for 5 years. What is the total amount Tom will pay back at the end of 5 years?

A $1,150
B $2,050
C 2,230
D. 3,150

Respuesta :

leayshia leayshia
  • 03-05-2017
The total amount will be A. 1,150.


11.5 x 2000 x 5
 
.115 x 2000 x 5 = 1150
Answer Link
carley19
carley19 carley19
  • 03-05-2017
A $1,150 that would be the answer
Answer Link

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