The principal is $484 and the time is 2 years. Find the simple interest rate when the interest is $145.20. Your answer should be in the form of a decimal, not a percent. Use the equation I - Prt.
The principal is $484 and the time is 2 years. Find the simple interest rate when the interest is $145.20. Your answer should be in the form of a decimal, not a percent. Use the equation I - Prt.
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.40TI: Susana invested a principal of $36,000 in her bank account with interest rate 6.5%. How much...
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