Question

Use formula I=prt to solve:

Steve borrowed 450$ for 3 years the yearly interest rate was 13%. How much interest did he owe at the end of 3 years?

Answer 1

Answer: $175.50

Step-by-step explanation: Since you are given the formula, your next step is to put your information into it.

I = PRT

I = 450 x .13 x 3

Now to solve for it:

I = $175.50