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Andrew has a four-year college loan for 20,000. The lender charges a simple interest rate of 5 percent. How much interest will he have to pay

Andrew has a four-year college loan for 20,000. The lender charges a simple interest rate of 5 percent. How much interest will he have to pay
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5 votes
Andrew has a four-year college loan for 20,000. The lender charges a simple interest rate of 5 percent. How much interest will he have to pay

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User Tiemen
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7.9k points

1 Answer

4 votes

Answer:4000

Explanation:

answered
User Knobi
by
7.6k points
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