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Mary borrows $5,000 dollars from her mother at a 3% simple interest rate and pays her $600 in interest after (Math Processing Error) years. What is the value of (Math Processing…

Mary borrows $5,000 dollars from her mother at a 3% simple interest rate and pays her $600 in interest after (Math Processing Error) years. What is the value of (Math Processing…
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2 votes
Mary borrows $5,000 dollars from her mother at a 3% simple interest rate and pays her $600 in interest after (Math

Processing Error) years. What is the value of (Math Processing Error)?
2
3
5
4

asked
User HopefullyHelpful
by
8.5k points

1 Answer

5 votes

Answer:

4 years

Step-by-step explanation:

5,000 times .03= 150

600/150=4

answered
User Henry He
by
8.6k points
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