Question

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.

Answer 1

300, I did I = prt 》》

p = 30,000 (price)

r = 1% (rate/percentage)

t = 3 years (time, usually in years)

I multiplied 30,000 × .01 × 3(years) and got 900

for full , and just for the interest rate 300. (30,000×.01)

Answer 2

$900

Explanation:

i = prt

i = ($30000)(.01)(3)

i = $900