Ask Question
4 March, 23:14

Trevor borrows $4000 on a 5-

year loan. He is charged 5%

simple interest per year. How

much interest is he charged

for 5 years?

+1
Answers (1)
  1. 5 March, 00:49
    0
    0.25% bc he is charged 5% per year so just multiple 5% times 5=0.25%
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Trevor borrows $4000 on a 5- year loan. He is charged 5% simple interest per year. How much interest is he charged for 5 years? ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers