assuming simple interest, I = PRT
Total amount = P + I
So, what do you get?
Find the interest and total amount.
25. P=$8,500, R=6.5% per year, T= 1 year
26. P=$1,200, R=7% per year, T= 2 years
27. P=$2,400, R=11% per year, T= 6 months
1 answer