134k views
4 votes
If you borrow $100 at 50% interest, how much interest do you think you will have to pay?

2 Answers

4 votes

Answer:

$50 or a whole payment of 150$

Explanation:

idk if it is compound or simple interest or the amount of time that the intreset is reflecting upon, but:

0.50(100)=50

100+50=150 for the whole payment

$50 of interest!

User Jdinunzio
by
3.1k points
4 votes

Answer:

the answer is 50 dollars

Explanation:

because your interest is only 50% so whats 100 divided into 2 its 50

User Nmenezes
by
3.5k points