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Home Q & A Board Science-Related Homework Help Mathematics
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seeb1999 seeb1999
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4 years ago

Question 1.

The principal P is borrowed at simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume 360 days in a year and round answer to the nearest cent.

P = $2000
r = 7%
t = 1 year

▸ $70

▸ $140

▸ $1400

▸ $7

Question 2.

The principal P is borrowed at simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume 360 days in a year and round answer to the nearest cent.

P = $140
r = 4%
t = 3 years

▸ $156.80

▸ $12.00

▸ $16.80

▸ $5.60
Textbook 
Thinking Mathematically

Thinking Mathematically


Edition: 6th
Author:
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christinaalexchristinaalex
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4 years ago
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seeb1999 Author
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4 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
lubennick
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Yesterday
Helped a lot
dedricgard
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2 hours ago
This helped my grade so much Perfect
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