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Katie borrowed $2,500 at 10% interest for 5 years. What was the total interest? A. $12.50 B. $125.00 C. $1,250.00 D. $12,500.00 PLEASE HELP QUICKLY!

Katie borrowed $2,500 at 10% interest for 5 years. What was the total interest? A. $12.50 B. $125.00 C. $1,250.00 D. $12,500.00 PLEASE HELP QUICKLY!
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1 vote
Katie borrowed $2,500 at 10% interest for 5 years. What was the total interest? A. $12.50 B. $125.00 C. $1,250.00 D. $12,500.00

PLEASE HELP QUICKLY!

asked
User Bohica
by
8.3k points

2 Answers

6 votes
C. $1250
Move the decimal and multiply $250 by 5.
answered
User Xxorde
by
8.0k points
2 votes
answer is C. $1,250.00

$2,500 x 5 x 0.1 = $1250.00

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answered
User Eric Winterstine
by
7.7k points
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