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Enrique loans a friend $175 for 2 months. At the end of the two months, they tell the friend they need $25 interest, in addition to the $175. What is the interest rate that Enrique charged their friend?
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Enrique loans a friend $175 for 2 months. At the end of the two months, they tell the friend they need $25 interest, in addition to the $175. What is the interest rate that Enrique charged their friend?

User Syno
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1 Answer

3 votes

Answer:

12.5% is the interest they will be chattered

User Jeffrey Chung
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