If you divide 16 by 4 that will equal 4, so you divide 20 by 4, which will get you 5. That means the answer is
X=5
C. Why? well for A. 47n means 47 * N , that's not the answer, for b.well I don't need to explain that. D.47 / N is also not correct because that's just how things are.
This is a calculation assuming that the loan calculates simple interest and not compound interest.
.2%= .2/100= .002
p= principal
i= simple interest added into p