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2 years ago

Need this by midnight please show your work :)

Mathematics

1 answer:

Marina CMI [18]2 years ago

4 0

Answer:

See below

Step-by-step explanation:

P = $800
r = 2% (since P > $500)
I = $100
t = ?

I = Prt

100 = 800*0.02t
0.16t = 1
t = 1/0.16
t = 6.25 years

P = $100
r = 1.5% (since P < $500)
I = $50
t = ?

I = Prt

50 = 100*0.015t
0.03t = 1
t = 1/0.03
t = 33.33 years

P = $10000
r = 3% (since P > $5000)
I = $750
t = ?

I = Prt

750 = 10000*0.03t
300t = 750
t = 750/300
t = 2.5 years

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