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Katie borrowed $2,500 at 10% simple interest for 5 years

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whould you think the answer is 1250 right but it is realy 1,250.00  this question was on a thing i dont know what it was so can you help me under stand this better

 Jan 27, 2015

Best Answer 

 #1
avatar+118608 
+10

I=Prt=2500*0.1*5 = $1250

Amount at end = 2500+1250=$3750

 Jan 28, 2015
 #1
avatar+118608 
+10
Best Answer

I=Prt=2500*0.1*5 = $1250

Amount at end = 2500+1250=$3750

Melody Jan 28, 2015

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