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A couple took out a $5,000 loan from the bank. The loan had a simple interest rate of 7.5% per year. By the end of the loan, the couple had paid $2,250 in interest. what was the…

A couple took out a $5,000 loan from the bank. The loan had a simple interest rate of 7.5% per year. By the end of the loan, the couple had paid $2,250 in interest. what was the…
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a couple took out a $5,000 loan from the bank. The loan had a simple interest rate of 7.5% per year. By the end of the loan, the couple had paid $2,250 in interest. what was the length of the couple's loan?

asked
User Wiika
by
8.1k points

1 Answer

1 vote

Answer:

i believe its 6 years

hope it helps!! <3

answered
User Simon White
by
9.1k points
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