Meryl took out a loan for $5,000 at an interest rate of 9.75% for 6 years. find the amount of interest and total amount he had to pay back.

i = ?
a = ?

There are no compound periods given, so use the simple interest formula:

A = P(1+rt) where P is the principal, r is the rate and t is the time.

A = 5000(1+0.0975(6))

A = 5000(1+0.585)

A = 5000(1.585)

A = $7,925

Interest = 7925 - 5000 = $2,925

Total paid back = $7,925

10 glasses of juice could be made with 5 carrots, 1,500 orange juice, 2,000 papaya juice.