daniellasarona223 daniellasarona223
  • 25-11-2021
  • Mathematics
contestada

Joshua borrowed $1000 from his friend and paid him back $1050 in six months. What simple annual interest did Joshua pay his friend?

Respuesta :

shajahanismayiltvm shajahanismayiltvm
  • 25-11-2021

Answer:

80 dollars is the correct answer

Answer Link
madethisfortwitch1
madethisfortwitch1 madethisfortwitch1
  • 25-11-2021

Answer:

Step-by-step explanation:

1050=1000(1+.5*i)

i= 10%

Answer Link

Otras preguntas

Why did Lord Baltimore establish a colony in Maryland? Maryland was a haven for persecuted Quakers. Puritans escaping Massachusetts Bay needed a new colony. The
ehich statement accurately describes lines of latitude, also called parallels on a map
Enter the word you received when you completed The Southern Colonies online activity? K12?
Laurel is a high school student who is taking a class in personal finance. she has learned about the dangers of debt and that debt should not be used as a finan
Find the solution of y=5x-4 for x=-6
What concept do sociocognitive theorists often use to explain the behavior of hypnotic subjects?
What is the highest degree of longitude that can be measured? A. 90°W or 90°E B. 90°N or 90°S C. 180°W or 180°E D. 180°N or 180°S
why did early settlements firts devolope along rivers
HELP PLZ FAST PLZ PLZ!!!!!! In Mary Shelley's Frankenstein, the dark storm ___________________ events are going to become uneasy and scary. flashes back to anec
Deception is sometimes used in psychological research in order to _____. a. create a realistic situation with genuine reactions b. protect the public from unple