PLEASSSE HELPP MEEEEEE Match the information about interest earned with the principal amount invested. Remember the equation for calculating simple interest is I equals p times r times t. Match Term Definition $81 over 3 years at an interest rate of 3% $80 over 2 years at an interest rate of 5% $96 dollars over 2 years at an interest rate of 4% $99 dollars over 3 years at an interest rate of 3% A)P=$800 B)P=$1,200 C)P= $900 D)p=$1,100
PLEASE CAN ANY ONE HELP ME
I = Prt solve for P P = I/rt --> 81/.09 = 900 and so on
What do you need help with? Do you understand the formula you are supposed to use?
no i dont
Did you read the problem? The last sentence tells you the formula.
I=prt
yes but i suck in math and i just dont get it and this is the last one i have to do im trying to get dome so i can go to sleep
The fact that you suck in math means you have to work at it harder. In the formula I is the interest. That's what you are supposed to find.
The way that you find it is by multiplying. What is the principal in the first example in the problem?
The answer is that you don't know what the principal is. That's what you are supposed to find.
What is the interest earned?
900
$81 over 3 years at an interest rate of 3% That is the first problem and it means that the interest is $81 the time is 3 years and the rate is 3% which is .03 So if you use your formula you have: 81=P(.03)(3)
Solve that for P
SO I HAVE TO DO 81X3%
\[81=P(.03)(3)\] 81=P(.09)
Do you understand that much?
yes
\[\frac{81}{.09}=\frac{P(.09)}{.09}\]
Do you understand that?
i tried to do the second one but i got 4
The second one: \[80=P(.05)(2)\]
is it 800
yes
is the 3rd one 1200
is it ???????
yes
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