principal is
p = 8000$
rate of interest (r) = 4.45 %
time (t) = 1 year
now the formula for simple interest is
[tex]SI=\frac{p\times r\times t}{100}[/tex][tex]SI=\frac{8000\times4.45\times1}{100}=356\text{ }[/tex]so Nico will pay 356 $ after one year as interest.
