Answer:
A should be the right answer
Step-by-step explanation:
When,
correct is 0 then p is 0/20.
correct is 1 p is 1/20
correct is 2 p is 2/20 that is 1/10
correct is 3 p is 3/20.
correct is 4 p is 4/20 that is 1/5
correct is 5 p is 5/20 that is 1/4
Answer:
A
Step-by-step explanation:
It took 1.9 years to pay back the loan.
<h3>What is Interest ?</h3>
Interest is the amount of money given or received when a certain sum of amount is received as a loan or given or deposited for investment.
It is given that
Principal amount of loan = $ 8000
Interest paid = $ 600
Rate = 4%
Time Period = ?
Assuming Simple Interest has been applied
I = ( P* R* T) /100
600 = ( 8000 * 4 * T ) / 100
60000 = 8000 * 4 * T
T = 1.875 years
T = 1.9 years rounded to 1 decimal
T = 22.5 months
Therefore it took 1.9 years to pay back the loan.
To know more about Interest
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The answer for the distibutive oneis 7(4+6)