ANSWER
8. $22.68
9. $400.68
EXPLANATION
The Miller family went to the bank and borrowed $378 with 6% interest.
8. To find the amount of interest that the family will pay to the bank, we have to find 6% of the amount they borrowed ($378).
That is:
[tex]\begin{gathered} \frac{6}{100}\cdot\text{ 378 = Interest} \\ \text{Interst = \$}22.68 \end{gathered}[/tex]They will pay an interest of $22.68.
9, To find out the total amount they will pay, we add the interest to the amount borrowed.
That is:
Amount = 378 + 22.68
Amount = $400.68
They will pay a total amount of $400.68.
