Math

A vendor borrowed $7,500 from their cooperative at 8% a year. If he paid at the end of 1 1/2 years, how much in all did he pay?
I am not sure if the answer is $8,400

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  1. I = prt
    I = 7500 * 0.08 * 1,5
    I = 900

    Yep, $8400 is right!

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    Ms. Sue

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