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Can someone please help me? I keep losing points...

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.

Round your answer to the nearest dollar.

Can someone please help me? I keep losing points... CORRECT ANSWERS ONLY PLEASE!!!! Use-example-1
User Mendel
by
7.5k points

2 Answers

3 votes

Answer:

Well, this is simple.

I=PRT

(Interest= Principle*Rate*Time)

So, simply divide both sides by PR

T=I/PR

Your answer is C: T = I divided by the quantity P times R

(This should have been represented as: T= I/PR)

~Hope this helps

Explanation:

User Naureen
by
7.8k points
3 votes

Answer:

14,400

Explanation:

i=prt

p=40,000

r=0.09 have to turn percent to decimal

t=4

(40,000)(0.09)(4)

User Victor Perov
by
7.5k points