A loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much May 24, 2022 by admin โช Choose the correct option.A loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid if the loan is due in seven monthsA. 15612.5B. 14612.5C. 13612.5D. 17612.5 Submit Answer