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Jerome uses the formula I = prt to find I, the interest earned, when he saves p, the principal of $456, for t years at a rate, r, of 3%. What is the value of I when t = 2?
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5 votes
Jerome uses the formula I = prt to find I, the interest earned, when he saves p, the principal of $456, for t years at a rate, r, of 3%. What is the value of I when t = 2?

User EENN
by
5.4k points

1 Answer

5 votes

Answer:


Explanation:

456=P

T=2

R=.03

I=(456)(.03)(2)

I=27.36

User Jayanth Koushik
by
5.1k points
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