Question
what is a example of interest?
Answers
Ms. Sue
When a person borrows money, like on a credit card or for buying a car, the bank or finance company charges interest.
For instance, if you borrow $1,000 for a year and pay 5% interest a year, you'll pay
1,000 * 0.05 = $50 in interest for the year.
For instance, if you borrow $1,000 for a year and pay 5% interest a year, you'll pay
1,000 * 0.05 = $50 in interest for the year.
amber
Thank you Ms. Sue i hope i can ask more questions :)
Ms. Sue
Sure. Ask as many questions as you like. However, be sure to tell us what you know about the possible answers.
We frown on homework dumping with no effort shown by the students.
We frown on homework dumping with no effort shown by the students.
amber
Don't worry i just basically need example. Your Awsome!