goshakaleb1
goshakaleb1 goshakaleb1
  • 14-08-2018
  • Mathematics
contestada

Interest Earned: $235.50
Principal: $7850
Interest rate: 2%
What is the time.

Respuesta :

ifeoluwaakinrip6qdgr
ifeoluwaakinrip6qdgr ifeoluwaakinrip6qdgr
  • 14-08-2018

Interest = (Principal * Rate * Time)/100

Make Time the subject of the formula

Cross multiply both sides

Interest * 100 = Principal * Rate * Time

100 I = PRT

Divide both sides by PR

100 I/PR = PRT/PR

100 I /PR = T or T = 100 I / PR

Input the values

T = (100 * 235.50)/ 7850 * 2

T = 23550/15700

T = 1.5 years - the unit of time in this topic is always in years except if stated otherwise

P - Principal R - Interest rate T - Time I - Interest



Answer Link

Otras preguntas

Express 7 less than x algebraically
describe the role of lobbyist in getting legislation passed
Can somebody else help me with this question with the work shown
On the last history quiz, Knesha answered 0.75 of the 20 question correctly How many questions did Kanesha answer correctly?
What is the value of m?
5^x−9=0.2 solve for x Note that x-9 is part of the exponent
The sum of ten and the quotient of a number x and 6
What two european nations held the most african colonies at the time of independence?
What type of cell does not contain a nucleus enabling it to carry more hemoglobin? Leucocyte White blood cell Nerve cell Erythrocycte
A cylinder has a radius of 40 ft and a height of 17 ft. What is the exact surface area of the cylinder? 1360π ft2 3200π ft2 4560π ft2 680π ft2