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Joshua borrows $300 from his older sister to buy a bike. He promises to pay the total amount plus 5% simple interest in one year. How much will Joshua pay back in all?

Joshua borrows $300 from his older sister to buy a bike. He promises to pay the total amount plus 5% simple interest in one year. How much will Joshua pay back in all?
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Joshua borrows $300 from his older sister to buy a bike. He promises to pay the total amount plus 5% simple interest in one year. How much will Joshua

pay back in all?

asked
User Enesa
by
7.9k points

1 Answer

5 votes

Answer:

315

Explanation:

answered
User Jacob Sobus
by
8.1k points
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