To buy a laptop computer, elaine borrowed $2,000 for 3 years at an annual simple interest rate of 5%. how much interest will she pay if she pays the entire loan off at the end of the third year? what is the total amount that she will repay?

Of the following, which statement or statements accurately reflect a way in which credit can be safer than cash? i. if your credit card gets stolen, you can cancel it and get your money back. ii. it is harder to lose a single credit card than a large number of bills. iii. if a merchant does not honor the agreement, you can call the credit company and dispute the charges. a. i and iii b. ii only c. iii only d. i, ii, and iii