Laura borrowed $175,000 at a rate of 5% simple interest for 15 years. How much interest will Laura pay?
A.
$13,125
B.
$58,350
C.
$131,250
D.
$306,250
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Home » Mathematics » Laura borrowed $175,000 at a rate of 5% simple interest for 15 years. How much interest will Laura pay? A. $13,125 B. $58,350 C. $131,250 D. $306,250