Question

help

Answer 1

they give you the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate as a decimal, t is time in years

so if she starts with $13243 (p = 13243), interest rate is 6% (r = 0.06), for 8 months (t = 8/12), plug these in and calculate i

Answer 2

You can round it to 0.667 or simply keep it as a fraction and multiply by 8 and divide by 12

Answer 3

round it to 0.667