I=? p=500 r=8% t=3 months 3/12 what is I

Mathematics

1 answer:

olga nikolaevna [1]3 years ago

5 0

Answer:

i=40

Step-by-step explanation:

i is the interest. So to find i we will multiply their pay by the rate.

500 x 8% or .08

500 x .08=40

So the interest of this equation (or i) is 40

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