farainmyhara farainmyhara

12-10-2020
Mathematics

contestada

Cali borrows $2,200 to buy new furniture. If the simple interest rate is 3.5 %, how much interest will she have to pay in 5 years?

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ijimmyjohn ijimmyjohn

12-10-2020

I believe the correct answer is $385

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lupasquale lupasquale

12-10-2020

The answer is 385.
3.5% of 2200 = 77 x 5 years = 385

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