3 years ago

Margo borrows $900, agreeing to pay it back with 2% annual interest after 6 months. how much interest will she pay?

Mathematics

1 answer:

olchik [2.2K]3 years ago

7 0

12/2 = 6 months
2% / 2 = 1%

$900 x 1.01% = $909

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