158k views
3 votes
P=$300
R=7%
T=2
What's I?

User Saraband
by
8.1k points

1 Answer

3 votes
The Formula Is:
I = Prt
Plug In The Values.
I = 300*0.07*2
300*2 = 600
I = 600 * 0.07
600 * 0.07 = 42
I = 42
42 Dollars Will Be Paid In Interest.
User Meyquel
by
7.4k points