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]A friend lends you $200 for a week, which you agree to repay with 5% one-time interest. How much will you have to repay (including the principal)?

]A friend lends you $200 for a week, which you agree to repay with 5% one-time interest. How much will you have to repay (including the principal)?
asked 7.3k views
4 votes
]A friend lends you $200 for a week, which you agree to repay with 5% one-time interest. How much will you have to repay (including the principal)?

asked
User Hjsimpson
by
7.7k points

2 Answers

3 votes

Answer:

$210

Explanation:

$200 is your base payment

5% of $200 = $10

$200 + $10 = $210

answered
User Sam Shiles
by
8.4k points
5 votes

Answer:

$210

Explanation:

$200 is your base payment

5% of $200 = $10

$200 + $10 = $210

answered
User PoorInRichfield
by
8.4k points
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