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Find the amount of time. I=$720, P=$1000, r=9% The amount of time is years.

Find the amount of time. I=$720, P=$1000, r=9% The amount of time is years.
asked 84.4k views
4 votes
Find the amount of time.

I=$720, P=$1000, r=9%
The amount of time is
years.

asked
User DoctorRuss
by
9.3k points

1 Answer

3 votes
I=PRT/100
720=1000x9xT/100
72000=9000T
T=72000/9000
T=8years
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