Jonathan borrowed $475 at a simple annual interest rate of 2%. How many years will it take him to repay the loan if he wants to pay $38 in interest?
A. 4
B. 5
C. 6
D. 7
+3
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Home » Mathematics » Jonathan borrowed $475 at a simple annual interest rate of 2%. How many years will it take him to repay the loan if he wants to pay $38 in interest? A. 4 B. 5 C. 6 D. 7