Business homework help. Jeff borrowed $25 from his dad to buy a fishing license and promised to pay his dad back in one month. His dad agreed, but said that Jeff must pay 15% annual interest. How much interest will Jeff pay?
Business homework help. Jeff borrowed $25 from his dad to buy a fishing license and promised to pay his dad back in one month. His dad agreed, but said that Jeff must pay 15% annual interest. How much interest will Jeff pay?