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1 vote
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

2 Answers

7 votes
20 dollars a year that’s the answer
User RoMEoMusTDiE
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4.8k points
4 votes
Answer is : $20 per year until the loan is paid off
User Amit Verma
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4.2k points