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Mathematics 10 Online
OpenStudy (anonymous):

i have a question everyone please help me I NEED HELP NOW!! You deposit $1200 in a savings account that earns simple interest of %3 per year. How much interst will you have earned after 3 years??? PLEASE HELP ME!!!!

OpenStudy (campbell_st):

the formula is I = Prt P = amount invested, r = interest rate as a decimal t = number of time periods

OpenStudy (anonymous):

ok so how do i write the problem? i have no clue

OpenStudy (campbell_st):

between each letter in the formula is a multiplication sign... I = P x r x t just substitute and then evaluate

OpenStudy (anonymous):

ok....

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