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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
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3 votes
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.

User Ser Pounce
by
4.3k points

2 Answers

5 votes

Answer:

Explanation: If 200 and 10

User Justin Solms
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4.0k points
4 votes
C because you take 200 and divide it by 10
User Quinten Scheppermans
by
4.3k points
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