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Using the formula 1 =PxRxT what is the interest on a $500 tv at 2% rate for 2 years

User Pew Labs
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2 Answers

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All of the work is provided in the attached screenshot! Hope it helps! The answer is 20!

Using the formula 1 =PxRxT what is the interest on a $500 tv at 2% rate for 2 years-example-1
User Anshuman
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1 vote

Answer:

$20.

Explanation:

2% = 0.02.

Interest = 500*0.02*2

= $20.

User Shaylh
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