Question

Match the information about interest earned with the principal amount invested. Remember the equation for calculating simple interest is i=prt.

$45 over 3 years at an interest rate of 3%

$48 over 4 years at an interest rate of 3%

$42 over 3 years at an interest rate of 2%

$30 over 1 year at an interest rate of 5%

Answer 1

in the equation:
i is the interest earned
p is the principal amount
r is the interest rate
t is the number of years

Answer 2

ok i did this but when i get the answer its like 4 or 5 dollars when the answers are p=$500 P=$600 and stuff like that @user2486

Answer 3

p=$500
p=$600
p=$400
p=$700

Answer 4

I think you may have plugged the small dollar amount given into the wrong part. The way I understand it the $45 would be the i.
So 45=p*.03*3 and then when you solve for p you get:
\[\frac{ 45 }{ 3*.03 }\]

Answer 5

.09

Answer 6

so 45 times .09

Answer 7

ooooooooo
didided

Answer 8

no you want to still divide

Answer 9

lol divide thank you soooooo much

Answer 10

no problem good luck :)