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OpenStudy (anonymous):
if your rate is 7%, time is 1 1/2 years and your simple interest is $200. what is the principle?
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OpenStudy (anonymous):
Welcome to OpenStudy. Use the simple interest formula\[I=Prt\]where I is the amount of simple interest, P is the principle, r is the interest rate (expressed as a decimal), and t is the time (in years).
OpenStudy (futureboy1):
$354.00
OpenStudy (futureboy1):
@beannnn2614
OpenStudy (anonymous):
@futureboy1 , you are not to provide direct answers to questions. The idea is to help the asker find the answer for themselves.
OpenStudy (futureboy1):
i get it but some times people just want answers but. if he want to know how to get it this is how i got it www.webmath.com/simpinterest.html
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