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?

## Answer This Question

## Related Questions

- math - If the principal P = $700, the rate r = 8 1 2 %, and time t = 1 year, ...
- ALGEBRA - If the principal P = $900, the rate r = 4 1 2 %, and time t = 1 year, ...
- ALGEBRA - If the principal P = $900, the rate r = 7 1/2 %, and time t = 1 year, ...
- ALGEBRA - If the principal P = $900, the rate r = 7 1/2 %, and time t = 1 year, ...
- math- algebra - If the principal P = $900, the rate r = 4 1/2, and time t = 1 ...
- ALGEBRA - If the principal P = $700, the interest I = $504, and time t = 6 years...
- Math - If the principal P = $900, the rate r = 5 1/2 %, and time t = 1 year, ...
- ALGEBRA - If the principal P = $500, the rate r = 5 1 2 %, and time t = 1 year, ...
- ALGEBRA - If the principal P = $500, the interest I = $525, and time t = 7 years...
- finance - If the principal P=800, the interest I= 384, and time t = 6 years, ...

More Related Questions