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You borrow $50 for 1 year at 5% interest rate. What is the interest owed?
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2 votes
You borrow $50 for 1 year at 5% interest rate. What is the interest owed?

User Maccullt
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1 Answer

11 votes

Answer:

i think it would be 100 dollars

Step-by-step explanation:

you mulitpy original by 5 which comes out to 100

User Etrit
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