Let's begin by listing out the given information:
Loan (p) = $3,800
Time (t) = 8 months = 8/12 year
Interest rate (r) = 5.5%
a)
We calculate it thus:
[tex]\begin{gathered} I=\frac{p\times r\times t}{100} \\ I=\frac{3800\times5.5\times\frac{8}{12}}{100}=139.33 \\ I=\text{\$}139.33 \end{gathered}[/tex]b)
The amount paid in total is:
[tex]\begin{gathered} A=p+I \\ A=3800+139.33=3939.33 \\ A=\text{\$}3939.33 \end{gathered}[/tex]