Mathematics, 29.01.2020 08:49 123martinnnnn

Sebastian's parents agree to lend him two hundred dollars for some gaming equipment, as long as he pays them back two hundred fifty dollars in a year's time. what is the rate of simple annual interest in this arrangement?

five percent

twenty percent

twenty−five percent

fifty percent

Answers: 2

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More questions: Mathematics Another questions

Sebastian's parents agree to lend him two hundred dollars for some gaming equipment, as long as he pays them back two hundred fifty dollars in a year's time. what is the rate of simple annual interest in this arrangement? five percent twenty percent twenty−five percent fifty percent

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Another question on Mathematics

Sebastian's parents agree to lend him two hundred dollars for some gaming equipment, as long as he pays them back two hundred fifty dollars in a year's time. what is the rate of simple annual interest in this arrangement?

five percent

twenty percent

twenty−five percent

fifty percent