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2 December, 13:44

You ask your best friend to lend you 200 to buy your favourite toy. She says she can lend you the money

only if you give her an extra 2 for every month that passes before you return it.

What is the total amount you must pay her if you return it after two years?

rupees

What is the annual rate of interest she is charging you?

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Answers (2)
  1. 2 December, 13:51
    0
    Answer: A) 248 dollars

    B) 2 dollars every month
  2. 2 December, 14:12
    0
    Answer:for the part two / the percent that is 12%
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