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3 years ago

13

Robert invests $1100 at an annual interest rate of 8% for the period of 1 year. What equation shows the relationship between pri

ncipal amount (p)rate of interest (r) period of investment in years (t)and interest earned (i).

1 answer:

Sholpan [36]3 years ago

8 0

Answer:

88 dollars

The equation would be:

prt=i

(1)(.08)(1100)=88

Hope this helps! ☺

Step-by-step explanation:

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