Bruce takes out a personal loan of $1,000 to go on a trip to florida. his loan has an annual simple interest rate of 10%. when you calculate bruce’s debt, be sure to use the formula for simple interest. a = (p)(r)(t) bruce borrowed $1,000 for his trip. if bruce waits for five years to begin paying back his loan, how much will he owe? $1,200 $1,300 $1,500 $1,800

C. 1500

Note, this isn't answer, I just looked up the question.

The correct answer is option C,

Step-by-step explanation:

Simple Interest would be  

Amount

step-by-step explanation:

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