Question

Chris borrowed $1,500 at a simple interest rate of 5% to buy a computer. He plans to have the loan paid back in 2.5 years. How much simple interest will Chris pay
work needs to be shown

Answer 1

Your Answer:

$75

Step-by-step explanation:

1. 5% to a decimal: 0.05

2. 0.05 × 1,500 = 75

Hope this helped

Answer 2

it would be $75 it’d be sick if you can give me branliest