Alice earns simple interest of $120 at an annual interest rate of 6% for the period of 1 year. What equation shows the relations

Question

3 years ago

11

hip between principal amount (p), rate of interest (r), period of investment in years (t), and interest earned (i).

2 answers:

GalinKa [24] · Answer 1 · 2022-04-01T13:03:02+03:00

7 0

i = $\frac{prt}{100}$

with i = 120 then

p = $\frac{100(120)}{6}$ = $2000

lilavasa [31] · Answer 2 · 2022-04-01T14:07:23+03:00

5 0

Answer:

120 = p × 6% × 1

Step-by-step explanation:

just put in the answer

then it will be correct