Ask Question
29 October, 06:44

Jane gets a simple interest loan for $2500. If the bank charges 3% interest rate how much will her balance be after 5 years?

+5
Answers (1)
  1. 29 October, 06:54
    0
    2500 divided by 100 is 25. If you multiply 25 times 3 you'll get 75. Repeat those steps (answers will be different each time) five times. You will get the answer.

    Don't want to do that? OK! I'll do it for you!

    Answer: 2577.31958575
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Jane gets a simple interest loan for $2500. If the bank charges 3% interest rate how much will her balance be after 5 years? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers