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2 years ago

7

You are tired at the end of the term and decide to borrow $500 to go on a trip to whatever land. You go to the bank and borrow t

he money at 11% for 2 years. A) find the interest you will pay on the loan. B) how much will you have to pay the bank at the end of the two years ?

1 answer:

seropon [69]2 years ago

3 0

Answer:

A)55

B)110

Step-by-step explanation:500 /11%=55

55*2=110

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