The answer to this question is D because 16 divided by 8 is 2 and 8 divided by 4 is 2. I hope this helps you :)
24kx = 6
kx=6/24
kx=1/4
x=1/4/k
x = 1/4k
Answer: D) or the fourth option.
Interest = PRT /100
500 = 2000*2.5*T / 100
5000T = 50,000
T = 50,000 / 5000 = 10 years