Question

Ok so I am having trouble once again with my algerba homework can somone help?

Answer 1

whats ur question?

Answer 2

The problem reads:
Jamal deposited $600 into a savings account tha will earn 2% simple interest.

If Jamal keeps the money in the account for 2 years without making any deposits or withdrawls, how much money will he earn in interest.
then they gave us an equation
I = prt

Answer 3

I dont know what I= prt is though

Answer 4

I= interest
P= principle
R= Rate
T= Time

Answer 5

P = principal, the amount deposited or borrowed, in dollars.

R = annual interest rate, in percent, expressrd as a decimal or fraction.

T = time the account is open, in years

I = interest earned, in dollars, during the T years.

Answer 6

money bird i have 1 more question for you please come back

Answer 7

what do you have to solve for here i,p,r or t?

Answer 8

It wants to know how much money will he earn in interest

Answer 9

on $600 in 2 years on 2% interest

Answer 10

money bird i still need u

Answer 11

my test is coming up soon and i need help on that question

Answer 12

nick look at this example:

Answer 13

http://answers.yahoo.com/question/index?qid=20061018205159AATELrU

Answer 14

I am super confused. that one they needed to solve for P and I need to solve for I

Answer 15

would it work out to be I=600x0.02x2?

Answer 16

are you still there?