richie borrowed some money from Carlo. Carlo gave him 2,000 and Richie promised to pay him back after 6 months with a 2% per month interest rate. How much will Richie pay back Carlo?
The answer would be P2240.00 in 6 months as 2 percent of P2000 is actually P40 and multiply that by 6 months then add to 2000 then u should get the answer which is 2240.00
