My Learning Cart

A loan of $5000 is taken for 4 years at a simple interest rate of 7%. What will

Practice Questions

Q1
A loan of $5000 is taken for 4 years at a simple interest rate of 7%. What will be the total interest paid?
  1. $1400
  2. $1500
  3. $1600
  4. $1700

Questions & Step-by-Step Solutions

A loan of $5000 is taken for 4 years at a simple interest rate of 7%. What will be the total interest paid?
No concepts available.
School
School
College
College
Degree
Degree
Competitve
Competitve
Skills
Skills
Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely