Mathematics, 31.10.2020 02:20 heastonk9136
The principal P is borrow ar the simple interest rate R for a period of time T. Find the simple interest owed for the use of the money. Assume 360 days in a year and round answer in the nearest cent.
1. P=$2000
R=7%
T=1 year
2. P=$110
R=5%
T=2 year
3. P=400
R=7%
T=2 months
4. P=$15500
R=7%
T=120 days
Answers: 1
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The principal P is borrow ar the simple interest rate R for a period of time T. Find the simple inte...
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