Tyler takes out a loan of £1800. It gathers simple interest at a rate of 2.5% per annum. He pays back the loan after 10 years. How much money does he have to pay back? Give your answer to the nearest £1.

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17-06-2024
Mathematics

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Tyler takes out a loan of £1800. It gathers simple interest at a rate of 2.5% per annum. He pays back the loan after 10 years. How much money does he have to pay back? Give your answer to the nearest £1.

Sagot :

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Tyler takes out a loan of £1800. It gathers simple interest at a rate of 2.5% per annum. He pays back the loan after 10 years. How much money does he have to pay back? Give your answer to the nearest £1.

Sagot :

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