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Mathematics, 06.05.2021 01:00 kendrickstoudemire20

Joshua borrowed $1000 from his friend and paid him back $1050 in six months. What simple annual interest did Joshua pay his friend? Please Help me and show me working so I can understand the sum it wouldn't make sense I got the answer only I just want to comprehend the question please.​

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Joshua borrowed $1000 from his friend and paid him back $1050 in six months. What simple annual inte...
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