Question

Correct answers only please!

Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Answer 1

$15865.6

Explanation:

Using the given formula :

I = P × R × T

I = 99.160 × 8/100 × 2

I = $ 15865.6

Answer 2

The answer is 15865.60

Explanation:

first you do l=P x R x T

Next you do I=99.160 x 8/100 x 2

last you do l=$15865.60

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