Question

If you borrowed $10,000 for 6 months at 13% annual simple interest, how much must you repay at the end of the 6 months.

Answer 1

Answer: $11,300

Step-by-step explanation: 13% is 1300 when you convert it into a whole number compared to 10000. then add 1300 and 10000 together to get 11,300.

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