Question

PLEASE HELP WILL GIVE 20 POINTS

Use I = PRT to solve.
(time is in years)
P = $450
R = 5%
T = 7 years
Find I.

Answer 1

$150.50

Explanation:

I = 450 × 0.05 × 7 = 157.5

I = $ 157.50

The simple interest accumulated

on a principal of $ 450.00

at a rate of 5% per year

for 7 years is $ 157.50.

Answer 2

Hellooo :)

The answer is I = $ 157.50