Harry buys a sofa set that costs $2000.00. He pays for it by installments at an interest rate of 5% per year. What is the total amount he has to pay at the end of the one year?

ANSWERS

2015-11-04 00:12:08

2000 = 100% ? = 105% To calculate~~~~ [latex] frac{2000}{100} [/latex] X 105 = $2100.00

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