Respuesta :

mysticchacha

Answer:

$6,280

Step-by-step explanation:

Use the formula   Interest = Principal * rate * time

I = P*r*t

I =  ($6000)*(0.08) *( 7/12 years)

I = $  6000 * .08 * 0.583333

I = $ 280

You would owe back $6000 plus the interest of $280

Total owed:   $6280