Mathematics, 18.02.2021 05:20 castroarlety

4. A person borrows money from a friend and they decide to use a simple interest formula. I = P. R.I where I is
the interest in dollars, P is the principle (original money
loaned) in dollars, R is the interest rate, and T is the time
in years. If the person paid $768 in interest for a loan
over 5 years at a rate of 4%, how much money did they
original horrow?

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4. A person borrows money from a friend and they decide to use a simple interest formula. I = P. R....