SOLUTION: joanna's parents loans her 5,000 for 5 years at 5% simple interest. how much will joanna pay in interest to her parents?

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Question 285944: joanna's parents loans her 5,000 for 5 years at 5% simple interest. how much will joanna pay in interest to her parents?
Answer by richwmiller(9135) About Me  (Show Source):
You can put this solution on YOUR website!
That's funny. she won't be paying any interest and won't be paying back the $5000 either. Don't do business with relatives.