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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?

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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18 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 BloodyKnuckles
by
7.8k points

2 Answers

7 votes

What do you mean by charges 6.5 who is charges

User Maximilian Stroh
by
8.5k points
6 votes
I think 600 I’m not sure tho
User Schanckopotamus
by
8.1k points
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