document.write( "Question 1110089: You borrow $1000 from a friend with a promise to pay back $1300 in two years. What annual simple interest rate will you be paying? \n" ); document.write( "
Algebra.Com's Answer #725132 by Fombitz(32388)![]() ![]() You can put this solution on YOUR website! So you're paying $300 in interest in 2 years which is $150 per year. \n" ); document.write( " \n" ); document.write( "15% \n" ); document.write( " |