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Keith borrowed $8000 with an interest rebate of 8. 2% for 6 years. How much will he owe for the simple interest accumulated?

Keith borrowed $8000 with an interest rebate of 8. 2% for 6 years. How much will he owe for the simple interest accumulated?
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3 votes
Keith borrowed $8000 with an interest rebate of 8. 2% for 6 years. How much will he owe for the simple interest accumulated?

User Farway
by
8.3k points

2 Answers

5 votes
3936 dollars in 6 years
User Cesarina
by
7.7k points
2 votes

Answer:

$3936

Explanation:

I = Prt

I = 8000 × .082 × 6

I = $3936

User James Gray
by
9.1k points
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