Mathematics, 09.04.2021 21:00 tonyrod617

Financial Literacy:Question 1 Louis borrowed $500 from his bank. His bank will charge Louis 8%
simple interest per year to loan him the money. If he paid back the
total amount he owed the bank, including interest, in 6 months,
how much should he have paid?

Financial Literacy:Question 1

Louis borrowed $500 from his bank. His bank will charge Louis 8%
si

Answers: 1

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Financial Literacy:Question 1 Louis borrowed $500 from his bank. His bank will charge Louis 8%