A company pays its trainees a monthly stipend that increases by a fixed amount each month. The first month’s stipend is Rs 8 000, and each succeeding month the stipend increases by Rs 250.
(i) Write an expression for the stipend in the nth month.
(ii) Calculate the stipend a trainee will receive in the 24th month.
(iii) Determine the stipend a trainee will receive in the 60th month.