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Original Question
Allan borrowed $4800 from his father to buy a car. He repaid him after 9 months with interest of 5% per year. Find the total am...Asked by Eunice
Allan borrowed $4400 from his father to buy a car. He repaid him after 7 months with interest of 7% per year. Find the total amount he repaid.
Answers
Answered by
oobleck
Assuming simple interest,
4400(1 + 0.07/12 * 6)
4400(1 + 0.07/12 * 6)