Question: If you borrow $ 1 5 , 0 0 0 from your friend at a simple interest rate of 6 % and promisen to give

If you borrow $15,000 from your friend at a simple interest rate of 6% and promisen to give back $20,000, for how long can you have the loan?
Group of answer choices
4.5 years
5.55 years
6.75 years
7.56 years

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