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Brady borrowed $59.99 from his brother to buy concert tickets. His brother charges him a weekly simple interest rate of 3.25%. Brady pays him back in 4 weeks.
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8 votes
Brady borrowed $59.99 from his brother

to buy concert tickets. His brother charges
him a weekly simple interest rate of 3.25%.
Brady pays him back in 4 weeks.

User TIMBERings
by
5.0k points

1 Answer

8 votes

Answer:

Pay back $ 67.79 in four weeks

Explanation:

He will have to pay INTEREST FO

59.99 x .0325 x 4 = 7.7987

PLUS the 59.99 that he borrowed

= 67.79

User Kunl
by
5.1k points
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