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Interest rate 6.5%, time 18 months, simple interest $828.75 what is the principal
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1 vote
Interest rate 6.5%, time 18 months, simple interest $828.75 what is the principal

User Accurate Respondetur
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6.7k points

2 Answers

6 votes
Formula I=Prt

principal×rate×time

first conversation 6.5 into .065
the multiply

P-$828.75
R-.065
T-18 months 1year 6months

This MAY be the answer but I have to admit I'm not Completely Sure!


Answer-(8.97)



User Jineesh
by
6.6k points
3 votes

Answer:

HERE

Explanation:

$8500

User Mira
by
6.3k points
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