use the simple interest formula I=Prt and elementary algebra to find the missing quantities in the table below.

Rezwana asked Jan 4, 2023

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Rezwana asked Jan 4, 2023

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14 votes

Given

P= $100

R=13% or 0.13

T= 2years

The simple interest formula I=Prt

$\begin{gathered} I\text{ =}100*0.13*2 \\ I=26 \end{gathered}$

The Interest is $26

STrenat answered Jan 8, 2023

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