Homework Help: ALGEBRA

Posted by Demie on Sunday, May 27, 2012 at 7:56pm.

If the principal P = $700, the rate r = 6 1

2 %, and time t = 1 year, find the following.
(a) What is the amount of interest?
$

(b) What is the future value?

ALGEBRA - Ms. Sue, Sunday, May 27, 2012 at 8:07pm
I = PRT

I = 700 * 0.65 * 1

I = 45.50

45.50 + 700 = ?
ALGEBRA - Renee, Monday, November 5, 2012 at 3:04pm
if the p= $500, the rate r=6 1/2 %and time t=1year
what is the amount of interest?
what is the future value?

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