SOLUTION: An advertisement for a loan company states that you only pay 13 cents per day for each $100 borrowed. If you borrow $500 for 50 days, what amount will you have to repay?

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Question 1162963: An advertisement for a loan company states that you only pay 13 cents per day for each $100 borrowed. If you borrow $500 for 50 days, what amount will you have to repay?

Answer by solver91311(24713)   (Show Source): You can put this solution on YOUR website!

13 cents times 5 times 50 days.

John

My calculator said it, I believe it, that settles it


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