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ted borrowed $200 with a 10% interest to be paid in 6 months how much does he pay?

2007-10-01 13:43:06 · 2 answers · asked by sam 1 in Business & Finance ➔ Taxes ➔ United Kingdom

2 answers

210 if compounded every 6 months

2007-10-01 13:46:15 · answer #1 · answered by shipwreck 7 · 1⤊ 1⤋

$320 by the time its paid off
10% of 200=20
20x6=120
200+120=320

2007-10-01 13:52:02 · answer #2 · answered by Anonymous · 0⤊ 0⤋

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