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Mathematics 34 Online
OpenStudy (anonymous):

How much interest will be paid in 1 year for a loan of $4200 at 8 1/2% simple interest?

OpenStudy (diamondboy):

I = PRT do u know that formula

OpenStudy (anonymous):

no sorry

OpenStudy (diamondboy):

Ok I = Interest , P= Principal, R= rate and T = time

OpenStudy (diamondboy):

can u use that idea to solve d question now?

OpenStudy (diamondboy):

I am sorry I wasn't solving it.......is dat a mixed fraction? the rate?

OpenStudy (anonymous):

335

OpenStudy (diamondboy):

well I got 357|dw:1423620185060:dw|

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