Answer: $15
Step-by-step explanation:
[tex]\\[/tex]Using the formula for calculating interest
[tex]\\[/tex]I = PTR/100
[tex]\\[/tex]Since it was borrowed for 1 month , the time will be expressed in years , which is 1/12
[tex]\\[/tex]so, I = 3600 x 1/12 x 5
[tex]\\[/tex] = $15
