Hesutu borrows $1250 at an interest rate of 7.5% per year for 4 years. How much simple interest will he pay?

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asked Oct 26, 2022 59.2k views

2 votes

Hesutu borrows $1250 at an interest rate of 7.5% per year

for 4 years. How much simple interest will he pay?

Mathematics
college

Christian Burgos asked

by Christian Burgos

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1 Answer

12 votes

Answer:

$375 375

Explanation:

1250 x 7.5% =93.75

93.75 x 4 =

PleasantD answered Oct 31, 2022

by PleasantD

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