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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?

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?
asked 115k views
1 vote
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?

asked
User Hartley
by
8.3k points

2 Answers

3 votes

Answer:

Ummmm 2 I think

Explanation:

answered
User DeZigny
by
7.6k points
4 votes

Answer:

4

Explanation:

answered
User Xuri
by
8.3k points
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