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Author Question: You need to borrow $1000 to cover your school expenses for 11 months. After calling several places, ... (Read 123 times)

Mr. Wonderful

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You need to borrow $1000 to cover your school expenses for 11 months. After calling several places, you can choose between a money store charging 18% simple interest per year or your family who will charge you 11% per year. How much will you save by borrowing from your family?
◦ $110.00
◦ $770.00
◦ $64.17
◦ $265.83


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Marked as best answer by Mr. Wonderful on Feb 26, 2020

milbourne11

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Mr. Wonderful

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Reply 2 on: Feb 26, 2020
Excellent


cdmart10

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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