Your friend tells you that if you let him keep 5050 of your Pokemon cards for a month, he will give you 11 card extra when he returns your cards.
What is the annual rate of interest he is willing to pay for the borrowed cards?
Note: Even though he only keeps your cards for a month, we can still calculate an annual interest rate.
Answers
Answered by
1
11×12 = 132 is the annual rate of interest
5050 cards?! Damm
I choose you arceus!
Answered by
0
Ello user !!!!!
I ain't a scholar
And that's a lot of cards.
HAVE A NICE DAY
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