Joey borrowed $200 at an interest rate of 2%. He paid $16 in interest. Find the amount of time for which Joey borrowed the money

Question

3 years ago

15

.
Question 3 options:

1 year

4 years

15 years

25 years

2 answers:

Keith_Richards [23] · Answer 1 · 2022-03-29T16:50:35+03:00

6 0

Answer:25 years

Step-by-step explanation:

Masteriza [31] · Answer 2 · 2022-03-29T18:49:26+03:00

Masteriza [31]3 years ago

4 0

Answer:

4 years

Step-by-step explanation:

2% of 200 = 4 and 4x4=16 so four dollars of interest for 4 years would equal 16$ of interest in total