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OpenStudy (selena2345):
You invest $5000 for 1 year at 8 1/2 %. How much interest will you earn ?
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OpenStudy (anonymous):
I = prt
OpenStudy (anonymous):
that is the formula.
OpenStudy (selena2345):
I know that
OpenStudy (selena2345):
can you show your work
OpenStudy (anonymous):
@Selena2345 then apply it, will you :)
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OpenStudy (anonymous):
sooo....plug the numbers into the formula. I =prt I = 5000 * 8.5 * 1
OpenStudy (anonymous):
then u can figure it out simran.
OpenStudy (selena2345):
I=5000x8.5x1=42500
OpenStudy (anonymous):
@Selena2345 Pay attention to % ( 8.5%) rate!
OpenStudy (anonymous):
.085.........my bad
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