Joey borrowed $200 at an interest rate of 2%. He paid $16 in interest. Find the amount of time for which Joey borrowed the money
.
Question 3 options:
1 year
4 years
15 years
25 years
2 answers:
Answer:25 years
Step-by-step explanation:
Answer:
4 years
Step-by-step explanation:
2% of 200 = 4 and 4x4=16 so four dollars of interest for 4 years would equal 16$ of interest in total
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