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Mr. Womer borrowed $1,100 to start his own business. National Bank charged him 15% interest per year. Mr. Womer paid $330 in interest. For what period of time did he borrow the money?
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Sep 28, 2022
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Mr. Womer borrowed $1,100 to start his own business. National
Bank charged him 15% interest per year. Mr. Womer paid $330 in
interest. For what period of time did he borrow the money?
Mathematics
college
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The Answer is - 2 years
1100x15%=165
165x2=330
Zhang Buzz
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Oct 4, 2022
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Zhang Buzz
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