How much interest will Jesse pay if he borrows $5,000 for 5 years with an interest rate of 8%?

A. $2,000.00
B. $20,000.00
C. $200.00
D. $2,500.00

Respuesta :

Answer:

$2000.00

Explanation:

8% of 5000=400

$400×5=$2000.00

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