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?

asked Oct 20, 2021 114k views

4 votes

by Syno

7.0k points

Please log in or register to add a comment.

3 votes

Answer:

12.5% is the interest they will be chattered

Jeffrey Chung answered Oct 23, 2021

7.4k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers