Question

Robert invests $1,100 at an annual interest rate of 8% for the period of 1 year. Right an equation that shows the relationship between principal amount (p), rate of interest (r), period of investment in years (t), and interest earned (i).

Answer 1

i=1,100rt that is your answer

Answer 2

i=1,100*0.08*1-equation

$88-interest earnt

Explanation:

I=prt- interest rate formula

i=1,100*0.08*1---this is your equation

i=88

the interest earnt is $88

hope this helps!