8. ben borrowed $800 at 9% simple interest for 2 years. what is the total
amount he must repay?
.
8.

Answer :

After 2 years Ben will have to repay  $992.

Step-by-step explanation:

Principal amount borrowed = $800

Time  = 2 years

Rate of Interest  =  9%

Now, SIMPLE INTEREST =  

So, here S I  =    

or, Simple Interest on the principal amount = $144

Now, AMOUNT = PRINCIPAL +  SIMPLE INTEREST

                           = $800 + $144

                           = $944

or, the Amount  = $944

Hence, after 2 years Ben  will have to repay $944 .