The simple interest formula<span> allows us to calculate I, which is the </span>interest<span> earned or charged on a loan. According to this </span>formula<span>, the amount of </span>interest<span> is given by I = Prt, where P is the principal, r is the annual </span>interest<span> rate in decimal form, and t is the loan period expressed in years.
I = Prt
I = 5500 (8) (0.025) = 1100 <----second option</span>
Answer: what are the choices
Step-by-step explanation:
Answer:
96
Step-by-step explanation:
2 cans/24 = 8 cans/x
24 times 8/2 = 96
-5x - 35 = 0
-5x = 0 + 35
-5x/-5 = 35/-5
X = -7