Basing on the data provided, if Bobby borrowed 500.00 and has an annual interest of 12% per year. 12% of the borrowed amount is equal to 60.00. Since he paid $680.00 that means that 680.00 – 500.00 = 180.00 worth of interest and since he pays an annual of 60.00 per year for the interest ergo, the answer is 3 years.
Answer:
the answer is three years
Step-by-step explanation:
Answer:
2
Step-by-step explanation:
7x=14
x=2
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Answer:
Step-by-step explanation:
y=4x+1
-1
y-1=4x
divide by 4
y-1/4=x