\( \times \) 8) Reggie's automobile service club charged him \( 6.5 \% \) on a car loan. If he borrows \( \$ 2,250 \) for three years, how much will he owe altogether?

**Step 1: Identify the Variables** Let \( P = \$2250 \) (principal), \( r = 6.5\% = 0.065 \) (annual interest rate in decimal), and \( t = 3 \) years. **Step 2: Calculate the Interest Using the Simple Interest Formula** The formula for simple interest is: \[ I = P \times r \times t \] Substitute the values: \[ I = 2250 \times 0.065 \times 3 \] First, calculate \( 2250 \times 0.065 \): \[ 2250 \times 0.065 = 146.25 \] Now, multiply by 3: \[ 146.25 \times 3 = 438.75 \] So, the interest is \( I = \$438.75 \). **Step 3: Calculate the Total Amount Owed** The total amount owed is the sum of the principal and the interest: \[ \text{Total} = P + I = 2250 + 438.75 = 2688.75 \] Thus, Reggie will owe a total of \( \$2688.75 \).