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Justin had to pay 4.5% simple interest on the $5000 loan for five years at the end of the five years, how much did Justin have to pay?

Justin had to pay 4.5% simple interest on the $5000 loan for five years at the end of the five years, how much did Justin have to pay?
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Justin had to pay 4.5% simple interest on the $5000 loan for five years at the end of the five years, how much did Justin have to pay?

asked
User Hqzxzwb
by
8.9k points

1 Answer

1 vote

I am thinking the answer is 225. Sorry if I'm wrong!

answered
User Sedat Polat
by
8.5k points
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