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Marysya12 [62]
3 years ago
9

Find the amount of time. I = $60, P= $400, r = 5% Find how many years

Mathematics
1 answer:
Keith_Richards [23]3 years ago
4 0

I=PRT

$60= 400 ×.05 × t

$60= 20× t

t= 60/20

3=t

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A percentage is a dimensionless (pure) number; it has no unit of measurement.

The % value is determined by multiplying the numerical value of the ratio by 100. To calculate 50 apples as a percentage of 1250 apples, first compute 50/1250 = 0.04, then multiply by 100 to get 4%.

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