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3 years ago

5

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:

Charra [1.4K]3 years ago

4 0

88 dollars hope this helps

algol [13]3 years ago

4 0

88 dollars

The equation would be:
prt=i
(1)(.08)(1100)=88

Hope this helps! ☺

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