Register

The principal Pis borrowed at simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. P = $260, r =%, 1 = 3 years

The principal Pis borrowed at simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. P = $260, r =%, 1 = 3 years
asked 227k views
2 votes
The principal Pis borrowed at simple interest rate r for a period of time t. Find the simple interest owed

for the use of the money.
P = $260, r =%, 1 = 3 years

asked
User Fernando Torres
by
8.7k points

1 Answer

1 vote
I=prt
260*0.01*3=$7.80
answered
User Liastre
by
7.8k points
← Prev Question Next Question →

Related questions

User Tomasz Bartkowiak
asked Apr 22, 2019 20.4k views
Find the simple interest owed for p=$260, r=4%,t=3 years
Tomasz Bartkowiak asked Apr 22, 2019
by Tomasz Bartkowiak
8.3k points
2 answers
4 votes
20.4k views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!