Question

500 for 2 week at 100 interest per week

Answer 1

[AI-generated answer — Bot GPT 3.5]

If you borrow $500 for 2 weeks at an interest rate of $100 per week, the total interest you will pay is $200 ($100 per week x 2 weeks).

Therefore, the total amount you will need to repay after 2 weeks is $700 ($500 principal + $200 interest).