The simple interest on a loan of $200 to 10% interest rate per year is
$10 per year until the loan is paid off
$15 per year until the loan is paid off
$20 per year until the loan is paid off
$25 per year until the loan is paid off

Answers

Answer 1
Answer is : $20 per year until the loan is paid off
Answer 2
20 dollars a year that’s the answer

Related Questions

What was the director trying to tell about the theme and human nature in the movie “the blind side”?

Answers

Answer:

John Lee Hancock’s film entitled “The Blind Side” describes the struggle of a Black man to become part of the White society. Michael Oher, the main character in the story shows the audience how a black man experiences mistreatment and discrimination from his white community which is the common trend of American mainstream. However, the film also wants to deconstruct the traditional perceptions towards White Americans through the Tuohy family. In this movie, the director shows how White Americans like the Tuohy family accept Michael for who he is and what he wants to be. The Tuohys become Michael’s enduring power, armor, and salvation as he faces his new path of transformation, social acceptance, and immersion. From this sense, it can be perceived that Hancock’s film depicts the notion of popular culture as it emphasizes the different issues of the society such as race, racism, cultural differences, cultural interaction, and other ideas about culture and society.

Explanation:

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It is a universal theme, which is, you should do the right thing because it is the right thing to do. Michael Oher was not making a huge scene in the beginning of the movie when he was spotted by the Tuohys digging through the trash searching for food, and there was little to know about him

How do insurance companies determine how much you
should pay for your insurance coverage?

Answers

Answer:

After you provide the insurance company with documentation of your expenses related to the accident and a claims adjuster has assessed your vehicle, the insurance company will determine how much money they will pay. This amount is determined by the strength of your liability claim and the extent of your damages.

Explanation:

It's calculated based on your credit score, your accident history, and your insurance history. When you apply for auto insurance, insurers will calculate your rates based on a number of factors — including your age, ZIP code and the make and model of your car.
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