If you borrow $100 at 10 percent simple annual interest and repay it in one lump sum at the end of one year, you will have to pay:
Question 15 options:
$100.
$105.
$110.
$115.
If you borrow $100 at 10 percent simple annual interest and repay it in one lump sum at the end of one year, you will have to pay $110.
Question
Asked 7/21/2022 5:13:09 PM
Updated 11/7/2022 12:27:06 PM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Rating
There are no new answers.