Give the answer to this question correct to two decimal places. A discounted loan of R4 670,00 at a simple discount rate of 14% per year is offered to Mr Mothapo. The actual amount of money that Mr Mothapo receives, is R3852,75. This is represented by the following time line R3852.75 ? months 14% simple discount R4670,00 The amount of R4670,00 is due to be paid back after A 1.47 years B 16,58 years C. 1.51 years