Leah borrows \( £ 10,000 \) over 5 years at a simple interest rate of \( 15 \% \). Calculate how much interest she will pay over the 5 years. £ \( \square \) How much will Leah have to pay back in total? £ \( \square \)
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- Principal (\( P \)) = £10,000 - Interest rate (\( r \)) = 15% = 0.15 - Time (\( t \)) = 5 years Show more…
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