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Lennar borrowed $400 to pay for car repairs she needs to pay it back in two years with simple interest Leonor wants to figure out the interest rate of her alone what additional information does she need
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Lennar borrowed $400 to pay for car repairs she needs to pay it back in two years with simple interest Leonor wants to figure out the interest rate of her alone what additional information does she need to find the interest rate

User Rhyttr
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1 Answer

6 votes

Answer:

She needs to find out what the benefit would be if she pays it off before the 2 years is up.

Explanation:

User Barbsan
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