Alexa borrows 10,000 from her aunt and they agree Alexa will pay her back including 5% simple interest.how much more will Alexa owe her aunt after 2 years assuming that no payments are made during that

asked Dec 25, 2022 94.5k views

1 vote

6.6k points

Please log in or register to add a comment.

5 votes

10,000 x .05 = $500 for one year.

$500 x 2 years = $1,000

Ione answered Dec 31, 2022

by Ione

5.9k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers