The simple interest on a loan of $200 to 10% interest rate per year is

$10 per year until the loan is paid off

$15 per year until the loan is paid off

$20 per year until the loan is paid off

$25 per year until the loan is paid off

Question

Valentino Summers

28 June, 10:58

+5

Answers (2)

Know the Answer?

Diamond Erickson · Answer 1

20 dollars a year that's the answer

Lynx · Answer 2

Answer is : $20 per year until the loan is paid off

The simple interest on a loan of $200 to 10% interest rate per year is$10 per year until the loan is paid off$15 per year until the loan is paid off$20 per year until the loan is paid off$25 per year until the loan is paid off