Justin loaned $520 to his friend. The friend paid back the amount in 6 months with 10%

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Justin loaned $520 to his friend. The friend paid back the amount in 6 months with 10% interest. What was the total amount the friend paid to Justin?

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Entrepreneurship Successfully Launching New Ventures

ISBN: 978-0133797190

5th edition

Authors: Bruce R. Barringer, R. Duane Ireland

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Posted Date: Apr 29, 2022 01:16 AM

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Justin loaned $520 to his friend. The friend paid back the amount in 6 months with 10%

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Amount of loan 520 Rate of interest 10 per annum So ... View the full answer

Entrepreneurship Successfully Launching New Ventures

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