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Plz help i don't uderstand i will give brianlist i beg
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Plz help i don't uderstand i will give brianlist i beg

Plz help i don't uderstand i will give brianlist i beg-example-1
User Kboom
by
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2 Answers

1 vote

Answer:

The formula, I=PRT is used to calculate simple interest.

Explanation:

User Mparaz
by
4.2k points
4 votes

Answer:

The formula, I=PRT is used to calculate simple interest.

I=Interest

P=Principal

R=Interest Rate

T=Time

In this case, P=500, R=3%, T=9 months.

Multiplying this out, we obtain a final interest of 135 dollars.

Let me know if this helps.

User Stabbz
by
3.9k points
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