3 years ago

Solve for t and find the value for t if I= 115, P=650, r=5%

Mathematics

1 answer:

Brrunno [24]3 years ago

5 0

P=650
R= 5% annually= 0.05
T=1 month=1/12 year

Sl=Prt=650*0.05*1/12= $2.70
So the answer would be 2.7 or 2.70

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