Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary. p= ?, r= 5%, t= 3 months, i = $55.90 A. p= $4,658.33 B. p=$134,160.00 C. p= $44,720.00 O D. p= $4,472.00

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 15E
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Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary.
p= ?, r= 5%, t=3 months, i= $55.90
A. p= $4,658.33
B. p=$134,160.00
C. p= $44,720.00
O D. p= $4,472.00
Transcribed Image Text:Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary. p= ?, r= 5%, t=3 months, i= $55.90 A. p= $4,658.33 B. p=$134,160.00 C. p= $44,720.00 O D. p= $4,472.00
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