Your friend tells you that if you let him keep 50 of your Pokemon cards for a month, he will give you 1 card extra when he returns your cards. What is the annual rate of interest he is willing to pay for the borrowed cards? Note: Even though he only keeps your cards for a month, we can still calculate an annual interest rate

the answer depends on which type of interest we use:

Step-by-step explanation:

the interest rate paid for holding the cards one month 1/50 or 2%.

to convert 2% monthly interest rate to a simple annual rate:

monthly rate x 12 months = 2% x 12 = 24%

now to convert 2% monthly interest rate to an annual rate (using compound interest):

in compound interest, earned interest earns even more interest by itself besides the interest earned by the principal.

no because after the troops were pulled many blacks were killed by hangings lynchings and other cruel ways which in a way interrupted the reconstruction of the south and differed from the way abraham lincoln had an idea of reconstruction

you save $70

discount would be 35% off

step-by-step explanation: