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You borrow $50 at 10% yearly interest. How much do you have to pay back the Lender after one year?

You borrow $50 at 10% yearly interest. How much do you have to pay back the Lender after one year?
asked 11.1k views
5 votes
You borrow $50 at 10% yearly interest. How much do you have to pay back the Lender after one year?

asked
User Soundmaven
by
8.4k points

1 Answer

2 votes

Answer:

$5

Explanation:

10% of $50 is $5

answered
User Art Taylor
by
8.0k points
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