Mr. Maxwell White bought a house at the cost of GHȼ250,000,000.00. He paid 20% of the cost out of his own resources an took a loan for the remaining amount at 2 1⁄2 % simple interest per annum. Calculate the total amount Mr. Maxwell White paid for the house, if he paid the loan 8 years later.

$450.00 for 6 weeks

or

$300

step-by-step explanation:

$200.00 for first week $50.00 x5 equals $250 plus $200 equals $450.00 for six weeks.

$200 for first week

$200 x 0.10 = $20

$20 x 5 = $100

$200 + $100 = $300

explanation:

step-by-step explanation:

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