Thang decided to borrow ​$5000 from his local bank to help pay for a car. His loan was for 3 years at a simple interest rate of 9​%. How much interest will Thang​ pay?

Respuesta :

Answer:

$1350

Step-by-step explanation:

Simple Interest = Deposit ×Rate/100×Time

SI=5000×9/100×3

=$1350