Find the amount of time. I = $60, P= $400, r = 5% Find how many years

Tamarisk asked Jul 8, 2022

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12 votes

Find the amount of time.
I = $60, P= $400, r = 5%
Find how many years

Tamarisk asked Jul 8, 2022

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26 votes

I=PRT

$60= 400 ×.05 × t

$60= 20× t

t= 60/20

3=t

Ben Thompson answered Jul 12, 2022

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