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Juli2301 [7.4K]
3 years ago
8

Tong loaded Jody $50 for a month. He charged 5%simple interest for the month. How much did Jody have to pay Tong?

Mathematics
2 answers:
babunello [35]3 years ago
7 0

Answer:

$52.5

Step-by-step explanation:

50 x 5% or 50 x 0.05

=2.5

50 + 2.5

= $52.5

postnew [5]3 years ago
3 0

Answer:

52.50

Step-by-step explanation:

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Step-by-step explanations:

The Fisher effect is a theory propounded by an economist named Irving Fisher.

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