Teja Brown

This page lists questions and answers that were posted by visitors named Teja Brown.

Questions

The following questions were asked by visitors named Teja Brown.

Answers

The following answers were posted by visitors named Teja Brown.

(7000)(.08)(122/365) = $187.178 B. $187.18 (after rounding)

The formula for this is I = PRT I = interest P = principal R = rate T = time in years 50000(.08)(111/365) = $1216.44 However, it looks like your question has an error and should say July 8, 2007 instead of July 8, 2006. When you account for this error: 50...

The formula for this is I = PRT I = Interest P = Principal ($50,000) R = Rate (8% -> .08) T = Time in years (111/365) I = (50000)(.08)(111/365) I = $1216.438 -> $1216.44 (rounded)

The formula for this is I = PRT I = Interest P = Principal (starting amount) = $7,000 R = Rate (percentage) = 8% = .08 T = Time in years = days/years = 122/365 I = 7000(.08)(122/365) I = $187.178 I = $187.18 (rounded) B. $187.18 Ps: When the time is less...