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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

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
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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

asked
User Vova Bilyachat
by
7.7k points

2 Answers

5 votes

Answer:

a

Explanation:

answered
User StevenMurray
by
8.5k points
5 votes
I’m pretty sure that the answer is A. 4
answered
User VladH
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8.5k points
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