monajama1800 monajama1800
  • 01-04-2018
  • Mathematics
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If you borrow 1700 at 7%interest how much interest will you pay

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emiliaatkinson
emiliaatkinson emiliaatkinson
  • 01-04-2018
1700 = 100%
1% = 17
In total you’re paying 107% back due to interest
17x7 = 119
1700+119
Total amount paid back is 1819
Amount of interest is 119
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