asked 178k views
4 votes
Lennar borrowed $400 to pay for car repairs she needs to pay it back in two years with simple interest Leonor wants to figure out the interest rate of her alone what additional information does she need to find the interest rate

asked
User Rhyttr
by
8.1k points

1 Answer

6 votes

Answer:

She needs to find out what the benefit would be if she pays it off before the 2 years is up.

Explanation:

answered
User Barbsan
by
8.9k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.