Question

Please help! 10 points, thank you

Answer 1

B

Explanation:

time = 8 years

principle = 6000

Money earned = 3000

Money earned= p * r * t

3000 = 6000 * r/100 * 8

3000 = 48000 * r/100

3000 = 480 * r

3000 / 480 = r

6.25 % = r