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OpenStudy (anonymous):
a student borrows $5000 at 10% for 9months to pay tuition. Find the total amount due using simple interest
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OpenStudy (bluemiku):
can you give me options plz?
OpenStudy (anonymous):
uhm it didnt give any options, but im confused on if i should use I=prt or A=P(1+rt)
OpenStudy (bluemiku):
ok i will do my best! :)
OpenStudy (anonymous):
Thank you! :)
OpenStudy (bluemiku):
11,937.50 thats what i got
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OpenStudy (anonymous):
which formula did you end up using?
OpenStudy (bluemiku):
A=P(1+rt)
OpenStudy (anonymous):
is that because its the amount due at the end of a time period?
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