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Joshua borrowed $1000 from his friend and paid him back 1050 in six months. what simple annual intrest did joshua pay his friend? please help me im working on simple intrest
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Mar 8, 2018
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Joshua borrowed $1000 from his friend and paid him back 1050 in six months. what simple annual intrest did joshua pay his friend? please help me im working on simple intrest
Mathematics
middle-school
Frank Hileman
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1050=1000(1+6/12 r)
Solve for r
r=0.10*100=10%
Ale Sequeira
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Mar 9, 2018
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Ale Sequeira
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the answer is $1000 eso es lo que pagan por months
Doug Hughes
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Mar 13, 2018
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Doug Hughes
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