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Find the simple interest if $1,000 is invested for 1 year at 6%.
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$60 intrest $1060 in all
I=prt <-----U have to use this! Let me explain brb
Qué?
Hablas espanol?
Donde esta Godblessyou? El necesita ayuda? o tu?
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If its liner the equation is y=60x+1,000 If it is exponential it is y=1,000(1+.06)^x
He is looking for simple interest! So it has to be I=PRT
I failed spanish 1, sorry, but what
and what do you mean 1=PRT
lol u put que? so i was like he speaks spanish lol
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What is 1=PRT
i = interest P = Principal R = Rate T = time To solve this he has to put it together I=PRT or I = 1,000 x 6% x 1
6% = .06 so 1,000 x .06 = 60 x1 = 60 so the interest is 60
Understand?
IDK what the question is asking all i know are the formulas about it.
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ohh lol
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