153k views
5 votes
Malik borrowed $8,000 to buy a new boat. He will pay off the loan after 4 years by paying back the principal plus 6.5% simple interest. How much will Malik pay back altogether?pls help

$520

$2,080

$8,000

$10,080

User Kritz
by
5.5k points

1 Answer

1 vote

Answer:

$520

Explanation:

8000x0.065=520

User Lionkor
by
5.0k points