SOLUTION: To buy a laptop computer, Aline wants to borrow $2000 for 3 years. She lives near two banks. The first bank offers the amount with a 5% simple interest rate. 3. How much will A

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Question 1159854: To buy a laptop computer, Aline wants to borrow $2000 for 3 years. She lives near two banks.
The first bank offers the amount with a 5% simple interest rate.
3. How much will Aline pay at the end of the third year?
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
I=prt=2000*0.05*3=$300 in interest over 3 years
She will pay $2300 at the end of the third year.