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You borrow $500 to goon a trip. The bank charges 11% interest for 2 years. Find the interest

You borrow $500 to goon a trip. The bank charges 11% interest for 2 years. Find the interest
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You borrow $500 to goon a trip. The bank charges 11% interest for 2 years. Find the interest

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User XCarb
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2 Answers

3 votes
2,750 because if you multiply how many times the bank charges and divide it by the intrest you get ur answer
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User Joel Burget
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7.4k points
10 votes
11% intrest of $500 is $55
answered
User Disgone
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