https://file.aiquickdraw.com/mathbot/file/17272451664989qnkxzq7.jpg

To calculate the interest Emma will pay, we use the simple interest formula provided in the image:

\[
I = P \times R \times T
\]

Where:
- $P$ is the principal amount ($9,000),
- $R$ is the interest rate (15%, or 0.15 in decimal form),
- $T$ is the time in years (5 years).

Let's compute the interest.

\[
I = 9000 \times 0.15 \times 5
\]It seems like I can’t do more advanced data analysis right now. Please try again later.

However, you can still calculate the interest manually using this formula:

\[
I = 9000 \times 0.15 \times 5
\]

This gives:

\[
I = 9000 \times 0.75 = 6750
\]

So, Emma will pay **$6,750** in interest.

Let me know if you want more details or if you have any other questions!

Here are 5 related questions to expand your understanding:
1. How would the interest change if the loan was for 3 years instead of 5?
2. What if the interest rate were reduced to 10%?
3. How can you calculate the total amount Emma would repay, including interest?
4. How does compound interest differ from simple interest?
5. What if Emma paid back part of the loan before 5 years?

**Tip:** Always convert the percentage rate into a decimal by dividing by 100 when using formulas!

Emma borrowed $9,000. The loan has a simple interest rate of 15%. If she takes 5 years to pay it back, how much interest will she pay?

Learn how to calculate simple interest for a $9,000 loan at an interest rate of 15% over 5 years. This problem uses the simple interest formula I = P × R × T and is suitable for students in Grades 6-8.

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