Angela deposits $1,000 into the bank for a year with a 5% interest rate. Brian wants to buy an entertainment system which costs $1,000. He doesn't have the money to
purchase it, so he goes to the bank for a loan. The bank, in an effort to make money,
takes Angela's $1,000 and gives it to Brian. By the end of the year, Brian pays back all
of the money that he borrowed, plu$the 10% interest that the bank charges for loans.
At the end of the year, Angela withdraws the $1,000 that she put in plus the interest
that she earned.
1.
How much money did Brian have to pay back in interest?
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