Register
Use the simple interest formula.  p=? r=8%, t=3 months, i=$44          what is the answer for the principal?
91.2k views
2 votes
Use the simple interest formula. 

p=? r=8%, t=3 months, i=$44          what is the answer for the principal?

User Bumsik Kim
by
8.8k points

2 Answers

3 votes
I=PRT
8%/100=.08
$44=P(3)(.08)
14.67=P(.08)
P=183.33333333

User Lcn
by
8.8k points
3 votes
I=PRT
where I=interest
P=principal (amount invested)
R=rate
T=time period
44=P*8%*3
44=P*0.24
P=44/0.24
P=183.333333 (repeating decimal)
User Spaceman Spiff
by
8.1k points
← Prev Question Next Question →

Related questions

User Istvan Heckl
asked Oct 4, 2024 128k views
B is the midpoint of AC.    AB=7x+3    and    BC=2x+4           What is the value of x?
Istvan Heckl asked Oct 4, 2024
by Istvan Heckl
8.9k points
1 answer
0 votes
128k views
User Vite Falcon
asked Sep 25, 2015 75.9k views
What is the answer to -xover7=1over26      what is x
Vite Falcon asked Sep 25, 2015
by Vite Falcon
8.3k points
1 answer
2 votes
75.9k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
Link Copied!