Using the formula for simple interest and the given values, find I P= $200; r= 8%; t= 5 years; I=?

VirtualMichael asked Aug 17, 2023

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24 votes

Using the formula for simple interest and the given values, find I

P= $200; r= 8%; t= 5 years; I=?

VirtualMichael asked Aug 17, 2023

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27 votes

Answer:

PRT/100.

200*8*5/100

2*8*5

$80

JunYoung Gwak answered Aug 24, 2023

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