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7. Juan borrows $115 from his parents for a new cell phone. He agrees to pay his parents back the
original amount, plus 2% interest in 2 years. How much will he pay in total?
(1 Point)

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carissaberger0
i think the answer would be $119.60.

you start by doing 115*.02=2.3. this means that every year, juan will have to pay an extra $2.3. you then multiply 2.3 by 2, since it’s taking 2 years, getting 4.6. if you do 115+4.6, you get your total of $119.60. im pretty sure that should be correct. :-)

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