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

Answers

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

Related Questions

please help! I need this now who ever gets this first will get a brainlest

Answers

Answer:

the cost of 0 caramel bags

Answer:

the cost of zero bags

Step-by-step explanation:

because it's the origin and just starting the graph.

It cost Julie $2 for the materials to make a bracelet that she plans to sell. She sells each bracelet for $7. What is her percent increase in price (also known as percent mark up)?

Answers

Answer:

350% Increase

Step-by-step explanation:

If Julie creates a single bracelet for $2, then sells a single bracelet for $7, her profit increase would be 350%. Since $7 / $2 = 3.5, then 3.5 * 100 = 350%. Hope this helped!

The answer is their is a 350% increase.
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