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il63 [147K]
1 year ago
13

Aaron has a loan of 1250£ He pays simple intrest 0.5% per month for eight months Calculate the total amount of interest Aaron pa

ys​
Mathematics
1 answer:
Nimfa-mama [501]1 year ago
5 0
Answer: 50 Pounds

Explanation: First we need to find out how much 0.5% of 1250 is. 0.5% of 1250 is 6.25£. Since that’s per month, and Aaron pays interest for 8 months, we multiply by 8. So 6.25 times 8 is 50.
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