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Using the formula from question 3, find h when V = 141.3 and r = 3. Use pi = 3.14.

question 3. The formula I = p r t gives the amount of simple interest (I) earned by investing principle ( p ) for rate ( r ) over a period of time ( t ). Solve this formula for p, and find p if r = 0.035, t = 5 and I = $350.

Please help

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User Dweeves
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1 Answer

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Hi there
The formula is
I=prt
To find p just divide each side by rt
To get
P=I/rt
So
P=350÷(0.035×5)
P=2,000
answered
User Daniel Blythe
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7.7k points

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