Robert invests $1,100 at an annual interest rate of 8% for the period of 1 year. What equation shows the relationship between pr
incipal amount (p), rate of interest (r), period of investment in years (t), and interest earned (i).
2 answers:
88 dollars hope this helps
88 dollars
The equation would be:
prt=i
(1)(.08)(1100)=88
Hope this helps! ☺
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