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Pavel [41]
3 years ago
6

I = prt (simple interest). Find the value of I given that p=300, r=0.14, and t=2

Mathematics
2 answers:
Andrej [43]3 years ago
7 0
300x0.14=0.42
0.42x2=0.84
never [62]3 years ago
3 0
Hi there, Convert r percent to r a decimal, r=R/100=0.14%/100=0.0014 per year. Now, we have to solve using a equation, the equation is A=300(1+(0.0014*2))=300.84, Therefore, the answer is $300.84
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