Raymond B. answered • 01/28/21
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Math, microeconomics or criminal justice
2% = 2/100 = 1/50
1/50 times 120 = 120/50 = 12/5 = 2.4 = $2.40 interest
you'd repay 120+2.40 = $122.40
Enza D.
asked • 01/27/21A friend lends you $120, which you agree to repay with 2% interest.
How much will you have to repay?
How much of that was interest?
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