The simple interest on a loan of $200 at 10 percent interest per year is

A. $10 per year until the loan is paid off.

B. $15 per year until the loan is paid off.

C. $20 per year until the loan is paid off

D. $25 per year until the loan is paid off.

Question

Guest

16 May, 04:12

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Answers (2)

Know the Answer?

Davin Melton · Answer 1

Davin Melton 16 May, 04:59

0

Explanation: If 200 and 10

Hillary Gould · Answer 2

C because you take 200 and divide it by 10

The simple interest on a loan of $200 at 10 percent interest per year isA. $10 per year until the loan is paid off.B. $15 per year until the loan is paid off.C. $20 per year until the loan is paid offD. $25 per year until the loan is paid off.