document.write( "Question 1162305: Bobby Smith borrowed $6500 for a new car. He will pay it off in 8 months at an annual simple interest rate of 6.5%. How much interest will he pay back? \n" ); document.write( "

Algebra.Com's Answer #786102 by ikleyn(52908) $\"\"$ $\"About$

You can put this solution on YOUR website!
.
\n" ); document.write( "

\r\n" );
document.write( "\r\n" );
document.write( "The interest to pay is  6500*0.065* = 281.67 dollars.\r\n" );
document.write( "\r\n" );
document.write( "\r\n" );
document.write( "Here    represent  8 months.\r\n" );
document.write( "

\r
\n" ); document.write( "\n" ); document.write( "Solved.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( " \n" ); document.write( "

\n" );