Mathematics, 22.09.2019 15:00 HopeBordelon4
The simple interest formula is i = prt, where i represents simple interest on an amount, p, for t years at a rate of r. the equation solved for p is p = .
what is the amount of money, p, that will generate $40 in interest at a 10% interest rate over 5 years?
a. $60
b. $80
c. $90
d.$100
Answers: 2
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The simple interest formula is i = prt, where i represents simple interest on an amount, p, for t ye...
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