document.write( "Question 895197: Very simple one here, but I'm just an adult who was never taught math, thanks for your valuable time helping answer a real life question I've already committed myself to.... I've borrowed $1700 from my sister and she's making me pay back 2000, so I just want to know at what interest rate or percentage or whatever she's getting me for cuz she knows I can't do math....I mean, I think she's being reasonable, she is my sister but she has been known to take advantage before, & I really needed the money to move across the state for work so I had to do it, but I just need to know for my own sanity. Thanks for your help, it's very humbling admitting I can't do math. :-D \n" ); document.write( "
Algebra.Com's Answer #542638 by richwmiller(17219)![]() ![]() You can put this solution on YOUR website! An easier way to figure it out would be \n" ); document.write( "You are paying 2000-1700=300 in interest\r \n" ); document.write( "\n" ); document.write( "10% would be take off a zero from 1700 which is $170 \n" ); document.write( "1700 take off a zero $170 \n" ); document.write( "20% would be double that 2*170=340 \n" ); document.write( "You are paying $300 in interest \n" ); document.write( "You are paying almost 20% \n" ); document.write( "It is not exact but easier to do. \n" ); document.write( " |