Jeremy wants to borrow $100 from his brother. His brother agreed but said he would add a 15% annual interest rate on. Jeremy will be able to pay him back in 10 months. How much interest will he have to

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asked Jun 6, 2021 127k views

3 votes

Jeremy wants to borrow $100 from his brother. His brother agreed but

said he would add a 15% annual interest rate on. Jeremy will be able to pay him back in 10 months. How much interest will he have to pay his brother?

$12.50

$1.25

$125

$13

Mathematics
middle-school

EmmanuelBeziat asked

by EmmanuelBeziat

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2 Answers

2 votes

The answer would be 12.50

Delmalki answered Jun 6, 2021

by Delmalki

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7 votes

I think it's 12.50

Im not sure so sorry if im wrong but im 99% sure

Jason Silver answered Jun 11, 2021

by Jason Silver

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