document.write( "Question 1133280: Joshua borrowed $1000 from his friend and paid him back $1050 in six months what simple annual interest did Joshua pay his friend? \n" ); document.write( "
Algebra.Com's Answer #750459 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! Joshua borrowed $1000 from his friend and paid him back $1050 in six months what simple annual interest did Joshua pay his friend? \n" ); document.write( "------------- \n" ); document.write( "(1050 - 1000) = $50 interest \n" ); document.write( "50/1000 = 5% per 1/2 year \n" ); document.write( "--> 10% per year \n" ); document.write( "============== \n" ); document.write( "His \"friend\" is a shylock. \n" ); document.write( " \n" ); document.write( " |