hunterdeman4
hunterdeman4 hunterdeman4
  • 20-04-2021
  • Mathematics
contestada

How much interest will Jesse pay if he borrows $5,000 for 5 years with an interest rate of 8%?

A. $2,000.00
B. $20,000.00
C. $200.00
D. $2,500.00

Respuesta :

coolnerd135
coolnerd135 coolnerd135
  • 20-04-2021

Answer:

$2000.00

Explanation:

8% of 5000=400

$400×5=$2000.00

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hope this helps:)

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