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OpenStudy (anonymous):
The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rate r to the nearest tenth of a percent. P = $8,000.00, A = $8,560.00, t = 1 year
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OpenStudy (eyust707):
ok so here A = (P) x (r) x (T)
OpenStudy (eyust707):
input the values and solve for r
OpenStudy (anonymous):
Thank you!
OpenStudy (anonymous):
the initial amount in the other question I have is 960, I believe.
OpenStudy (anonymous):
I'll be over at the other question if you can please help :)
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