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Mathematics, 09.10.2019 10:30 manaisialockhart12

Adam takes a loan of $8,250 at a 7% simple rate for 5 years . how much will be paid after 3 years ? how much interest will be paid in total for the loan?

a. $577.50; $2,887.50
b. $1,732.50 ; $2,887.50
c. $4,352.00 ; $7,253.50
d. $17,325.00 ; $28,875.00

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Adam takes a loan of $8,250 at a 7% simple rate for 5 years . how much will be paid after 3 years ?...

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