Mathematics, 28.03.2020 03:02 19youngr

NEED HELP ASAP:
Example: Alex borrows $1,000 for 5 Years, at 10% simple interest:
• Interest = $1,000 x 10% X 5 Years = $500
- Plus the Principal of $1,000 means Alex needs to pay $1,500 after 5 Years

NEED HELP ASAP: Example: Alex borrows $1,000 for 5 Years, at 10% simple interest: • Interest = $1,00

Answers: 2

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NEED HELP ASAP: Example: Alex borrows $1,000 for 5 Years, at 10% simple interest: • Interest = $1,000 x 10% X 5 Years = $500 - Plus the Principal of $1,000 means Alex needs to pay $1,500 after 5 Years

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Other questions on the subject: Mathematics

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NEED HELP ASAP:
Example: Alex borrows $1,000 for 5 Years, at 10% simple interest:
• Interest = $1,000 x 10% X 5 Years = $500
- Plus the Principal of $1,000 means Alex needs to pay $1,500 after 5 Years