Rachel wanted to find the interest earned if she invested the principle amount of $10,000 at an 6% rate for 8 years. She used the formula / = PRT to calculate her interest. Determine if she found the correct interest value. If not, distinguish where she made her mistake and find the correct interest for Rachel. | = PRT | = ?, P = 10,000,R = 6,T= 8 | = (10000)(6)(8) | = 480,000 Interest is $480,000. Use the paperclip button below to attach files. BIU

Rachel wanted to find the interest earned if she invested the principle amount of $10,000 at an 6% rate for 8 years. She used the formula / = PRT to calculate her interest. Determine if she found the correct interest value. If not, distinguish where she made her mistake and find the correct interest for Rachel. | = PRT | = ?, P = 10,000,R = 6,T= 8 | = (10000)(6)(8) | = 480,000 Interest is $480,000. Use the paperclip button below to attach files. BIU

Algebra and Trigonometry (MindTap Course List)

4th Edition

ISBN:9781305071742

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

ChapterP: Prerequisites

SectionP.CT: Chapter Test

Problem 14CT: Natasha drove from Bedingfield to Portsmouth at an average speed of 100 Km/h to attend a job...

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