Answer:
I= 1,600
B= 9,600
Step-by-step explanation:
Interest is 8,000 x 0.04(4%) x 5
when you multiply all three (PRT) you end up with 1,600 as your interest.
then your balance is when you add the original borrowed amount ($8,000) with your interest ($1,600).
8,000+1,600= 9,600
