Asked by Venessa Benson.

the formula A=(1 + RT/100) gives the total money A, that a principal P amount to T years at R% simple interest per annum. Find the amount that a principal of #850 become if invested for 6 years at 6% simple interest per annum.?
Answered by Ms. Sue
Where is P (principal) in your formula?

Answered by Venessa Benson.
It wasn't included.
Answered by Ms. Sue
Here's my formula:

Interest = Principal * Rate * Time
I = 850 * 0.06 * 6
I = 306

850 + 306 = $1,156 total
Answered by oobleck
A = P(1 + RT/100)
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