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Harry pays 2.5% monthly interest on a loan of £3800. He pays interest for one year. a .Work out the amount of interest he pays each month. b .Work out the total interest he has …

Harry pays 2.5% monthly interest on a loan of £3800. He pays interest for one year. a .Work out the amount of interest he pays each month. b .Work out the total interest he has …
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Harry pays 2.5% monthly interest on a loan of £3800.

He pays interest for one year.
a .Work out the amount of interest he pays each month.
b .Work out the total interest he has paid after one year.

User SirC
by
8.5k points

1 Answer

3 votes

Answer:

A) 95

B) 1140

Explanation:

If you need explanation I will give one

User Wrosecrans
by
8.1k points
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