Joaquin pawns his favorite watch for a loan of $120. After 30 days, he buys his watch

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Joaquin pawns his favorite watch for a loan of $120. After 30 days, he buys his watch back for $140. What interest did the pawnbroker charge Joaquin?

Posted Date: May 11, 2024 03:30 AM

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Joaquin pawns his favorite watch for a loan of $120. After 30 days, he buys his watch

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To find the interest charged by the pawnbroker we need to calculate the differenc... View the full answer

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