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15% (15/100)= .15 (.15 X 120) + 120
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Hmm.. what is your question?
this is my question : Karim borrowed $120 from his older brother for the purchase of a skateboard. He promised to pay back the loan in 6 months at a simple annual interest rate of 15%. How much will Karim owe his brother at that time? - and 15% (15/100)= .15 (.15 X 120) + 120 is what i got so far im stuck and not sure what to do next.
Interest he needs to pay back = 120 x 15% x 6/12 = 9 Amount he owes = 120 + interest = 120 +9 =?
129$
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