Question: If you borrow $ 1 5 0 0 0 from your dad for college and he agrees to charge you simple interest at 5 %

If you borrow $15000 from your dad for college and he agrees to charge you simple interest at 5% per year, how much will you owe when you graduate after 4 years?
Group of answer choices
$17,500
$18,000
$18,233
$20,000

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