Question

Find the amount of time. I = $54, P = $800, r= 4.5% The amount of time is years.​

Answer 1

The amount of time is 1.5 years

Answer 2

1.5 years

Explanation:

I = prt

54 = 800(.045)t

54 = 36t

t = 54/36

t = 1.55