Tonya took out a loan to pay her house she borro a loan to pay her house she borrow $60,000 for 15 years at a year simple interest rate of 5% how much interest will she end up paying the bank

Tonya will pay the amount $45,000 as an interest to the bank.

Step-by-step explanation:

Principal Value(P) = $60,000

Rate of interest(R) = 5%

Time(T) = 15 years

Simple Interest =

⇒ S.I.  =

           =  $45,000

So, Tonya will pay the amount $45,000 as an interest to the bank.

the answer will be the last one