3 years ago

Solve the formula I=Prt to find the principal, P, when I=$121.10, r=2.8%, and t=5 years.

Mathematics

1 answer:

Akimi4 [234]3 years ago

7 0

Answer:

Step-by-step explanation:

I=Prt

when I=$121.10,

r=2.8%,

t=5 years.

I=Prt

find: P

plugin values into the equation:

121.10 = P (0.028) 5

P =<u> 121.10 </u>

0.028 (5)

P = $865

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