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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