asked 119k views
4 votes
You get a student loan from the New Mexico Educational Assistance Foundation to pay for your educational expenses this year. Find the interest on the loan if you borrowed $5000 at 5% interest for 1 year

2 Answers

4 votes
Mooooooooooseeeeeeeeee
answered
User Rhaskett
by
8.9k points
7 votes

Answer:

500

Explanation:

answered
User Mike Vosseller
by
8.2k points
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