2000naira for 3weeks at 1naira on each 10naira interest per week.

1 answer

If you borrow 2000 naira for 3 weeks at a weekly interest rate of 10%, you will owe a total of:

Week 1: 2000 naira + (10% * 2000 naira) = 2200 naira
Week 2: 2200 naira + (10% * 2200 naira) = 2420 naira
Week 3: 2420 naira + (10% * 2420 naira) = 2662 naira

Therefore, you will owe a total of 2662 naira after 3 weeks.
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