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23 April, 10:05

You are tired at the end of the term and decide to borrow $500 to go on a trip to whatever land. You go to the bank and borrow the money at 11% for 2 years. A) find the interest you will pay on the loan. B) how much will you have to pay the bank at the end of the two years?

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  1. 23 April, 10:31
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    A) 55

    B) 110

    Step-by-step explanation:500 / 11%=55

    55*2=110
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