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Darren has borrowed $100$ clams from ethan at a $10\%$ simple daily interest. meanwhile, fergie has borrowed $150$ clams from gertie at a $5\%$ simple daily interest. in how many days will darren and fergie owe the same amounts, assuming that they will not make any repayments in that time period?

Sagot :

Answer:

20

Explanation:

start doing math

khuranashilpa76

In 20 days Darren and Fergie owe the same amounts.

What is simple interest?

  • simple interest is primarily based on the primary quantity of a  or the primary deposit in a savings account.
  • simple interest does not compound, which means that a creditor will best pay interest on the main amount and a borrower could by no means pay extra interest at the previously gathered interest.

calculation:-

10% is on $100 is = $10

5% SI on $150 = $7.5

Learn more about simple interests here:-https://brainly.com/question/2294792

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