Answered step by step
Verified Expert Solution
Question
1 Approved Answer
assume that simple interest is being calculated. allan borrowed $6500 from his father to buy a car. he repaid him after 4 months with interest
assume that simple interest is being calculated. allan borrowed $6500 from his father to buy a car. he repaid him after 4 months with interest 2% per year. find the total amount he repaid. a)$6630.00 b)$43.33 c)$6532.50 d)$6543.33
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started