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Use the formula, I = PRT, to find the time if | = $387.50, P = $1,550, and R = 12.5%

User Xmarston
by
7.7k points

1 Answer

4 votes

Answer:

T = 2

Explanation:

Take the given formulaer

I = PRT

And plug in the variables you know (I, P, R)

387.50 = 1,550(.125)T

(12.5% becomes .125 after you divide it by 100, because precents are really just fractions out of 100)

387.50 = 193.75T

T = 2

User Ruben Nagoga
by
8.0k points
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