Question: Please answer the following question. Option B is not correct. Thank you. 25% of an interest free loan is repaid after 1 yearand the rest

Please answer the following question. Option B is not correct. Thank you.

Please answer the following question. Option B is not correct. Thank you.

25% of an interest free loan is repaid after 1 yearand the rest is re-paid a year later. What is the duration of the loan? A. 1.25 years B. 1.50 years C. 1.75 years D. 2.00 years. Select one: A. A B. B C. C D. D

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