When someone lends money to someone else, the borrower usually pays a fee to the lender. This fee is called 'interest'. 'Simple' interest, or 'flat rate' interest. The amount of simple interest paid each year is a fixed percentage of the amount borrowed or lent at the start. <span>Interest = Principal × Rate × Time</span>
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Answer:
(64,86.5)
Step-by-step explanation:
find the case where he gets 70 and the case where he gets 79
if his average is 70:
(75+62+85+2x)/5=70
(222+2x)/5=70
222+2x=350
2x=128
x=64
if his average is 79:
(75+62+85+2x)/5=79
(222+2x)/5=79
222+2x=395
222+2x=395
2x=173
x=86.5
