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P=$400 r=9% t=.25 years what is i
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P=$400 r=9% t=.25 years what is i

User Andrew Plank
by
7.6k points

1 Answer

3 votes

Explanation:

Using formula,

I = PRT/100

Where,

  • P = $400
  • R = 9%
  • T = 25 years

⟼ I = 400 × 9 × 25 / 100

⟼ I = $900

User Jausen Brett
by
8.4k points
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