SOLUTION: if you borrow 400.00 and promise to pay back 480.00 with 6 months what is the percentage you are paying back.

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: if you borrow 400.00 and promise to pay back 480.00 with 6 months what is the percentage you are paying back.      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 756324: if you borrow 400.00 and promise to pay back 480.00 with 6 months what is the percentage you are paying back.
Answer by Cromlix(4381) About Me  (Show Source):
You can put this solution on YOUR website!
480 - 400 = 80
80/400 x 100 = 20%