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Myas roof was leaking so she need money fast she borrowed $12,000 from the bank for repairs it is a 5 year loan and she is being charged simple annual interest at a rate of 7.5%…

Myas roof was leaking so she need money fast she borrowed $12,000 from the bank for repairs it is a 5 year loan and she is being charged simple annual interest at a rate of 7.5%…
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myas roof was leaking so she need money fast she borrowed $12,000 from the bank for repairs it is a 5 year loan and she is being charged simple annual interest at a rate of 7.5% how much interest can mya expect to pay over the life of the loan

asked
User Ann Jenny
by
8.2k points

2 Answers

4 votes

Answer:

4500 dollers

Explanation:

answered
User Aaron Montgomery
by
7.9k points
5 votes

She will have to give $4500 interest.

answered
User Citizen
by
8.3k points
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