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Justin loans his uncle $2,500. He charges 6.5% simple interest. His uncle pays him back in 2.5 years. How much interest does his uncle pay?
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2 votes
Justin loans his uncle $2,500. He charges 6.5% simple interest. His uncle pays him back in 2.5 years. How much interest does his uncle pay?

User Kinshuk Lahiri
by
5.3k points

2 Answers

14 votes
$162.50 would be my guess
User Serge Maslyakov
by
5.7k points
5 votes

Answer:

I think 600

Explanation:

User CTarczon
by
6.4k points
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