22.4k views
20 votes
You borrow $500 to goon a trip. The bank charges 11% interest for 2 years. Find the interest

User XCarb
by
6.8k points

2 Answers

3 votes
2,750 because if you multiply how many times the bank charges and divide it by the intrest you get ur answer
User Joel Burget
by
6.0k points
10 votes
11% intrest of $500 is $55
User Disgone
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6.8k points
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