Question

Robby invested $18,400 at 7% interest. He earned $9016 interest at the end of x years.

What is the value of x?









A.
10







B.
9







C.
8







D.
7
I will fan and medal.

Answer 1

you would have to use the formula P*T*R=I
P=Principle=18400
R=Rate=7%=0.07
T=The number of years=X
I=Interest=9016

Answer 2

So what would I do?

Answer 3

X=9016/18400*0.07
X=9016/1288

Answer 4

Thank You

Answer 5

My Pleasure.