Use the simple interest formula to determine the missing value. p= ?, r= 6%, t= 9 months, i = $63 p=$ (Round to the nearest cent as needed.)

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
ChapterP: Prerequisites
SectionP.9: Modeling With Equations
Problem 2E: In the formula I=prt for simple interest, P stands for __________, r for _________, and t...
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7)
Use the simple interest formula to determine the missing value.
p= ?, r= 6%, t= 9 months, i = $63
p=$
(Round to the nearest cent as needed.)
Transcribed Image Text:Use the simple interest formula to determine the missing value. p= ?, r= 6%, t= 9 months, i = $63 p=$ (Round to the nearest cent as needed.)
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