Istg if anyone does gibberish to my question i will go feral1) You bor

1.	Istg if anyone does gibberish to my question i will go feral1) You borrowed $15,000 from your parents for a down payment on a house. You promised to pay them 3% interest for the next five years. How much interest will you pay your parents?please help i will give the brainliest answer
Answer» Step-by-step EXPLANATION: Simple Principle = $ 15,000 Rate = 3% Time = 5 YRS Si = PRT/ 100 Si = 15000 * 3 * 5 / 100 Si = 2250 So we pay $ 2250 as a interest for five yrs

Istg if anyone does gibberish to my question i will go feral1) You borrowed $15,000 from your parents for a down payment on a house. You promised to pay them 3% interest for the next five years. How much interest will you pay your parents?please help i will give the brainliest answer

Answer»

Step-by-step EXPLANATION:

Simple

Principle = $ 15,000

Rate = 3%

Time = 5 YRS

Si = P*R*T/ 100

Si = 15000 * 3 * 5 / 100

Si = 2250

So we pay $ 2250 as a interest for five yrs