Answer:
$35,000
Step-by-step explanation:
The total repayment amount equals the loan amount plus the interest accrued.
To ascertain the interest from the deposit, use the formula for simple interest.
Simple interest = principal x time x interest rate
Principal refers to the deposited amount, which is $20,000.
Time is the length of the deposit, which is 5 years.
Interest rate is the percentage obtained from the deposit, which is 15%.
Calculating gives: 20,000 x 5 x 0.15 = $15,000
Consequently, the overall total becomes 20,000 + 15,000 = $35,000.