Question

$5000 for 3 yrs at 14% interest what will I pay back. And explain how the answer was figured out

Answer 1

I'm assuming this is Simple interest, accumulated yearly.
The formula for simple interest is Principle * Interest * Number of interest payments.

So what do you think this would be? Try to set up the formula yourself.

Answer 2

Ok

Answer 3

I am studying for my ged and math scared me and I get frustrated don't know alot of the stuff

Answer 4

I meant scares