U have to divide the numbers with the variables and then you'll get knocked down to the division and u have your answers and it is possible to have 1 or 2 answers v
For simple interest, the formula is I = PRT, where I = interest, P = principal borrowed or deposited, R = rate as a decimal, and T = time in years.
Your information:
I = (870)(0.08)(5)
I = 348
Add the interest to the principal for your total balance
348 + 870 = $1218 will be the total balance in the account.
Answer:
Please provide an image that represents the given information and the question
Step-by-step explanation: