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Science-Related Homework Help Mathematics Topic started by: ikrabbe on Nov 26, 2017



Title: An investment of $12 000.00 earns an interest of $480.00. Calculate the time in months if the ...
Post by: ikrabbe on Nov 26, 2017
An investment of $12 000.00 earns an interest of $480.00. Calculate the time in months if the interest rate is 6%.


Title: Re: An investment of $12 000.00 earns an interest of $480.00. Calculate the time in months if the ...
Post by: rmaccara on Nov 26, 2017
P = 12 000; I = 480; r = 0.06
t =   = 0.  (12) = 8 months