Posted by **Carie** on Friday, July 12, 2013 at 1:45pm.

Determine the missing value by using simple interest

P= R= 2% T=90days i=$12.50

- Math -
**Ms. Sue**, Friday, July 12, 2013 at 1:50pm
I = PRT

P = I/RT

P = 12.5/(0.02 * 0.25)

P = ?

- Math -
**Carie**, Friday, July 12, 2013 at 1:56pm
P= 156.25

- Math -
**Ms. Sue**, Friday, July 12, 2013 at 2:08pm
No. Calculate the numbers within the parentheses first.

P = 12.5/ 0.005

P = $2,500

## Answer this Question

## Related Questions

- math - Using the present value formula you deposit $12,000 in an account that ...
- medu - RM 2000 was invested on 15march 2012. If the simple interest rate offered...
- math - a=16,00, r=11.5%, t=5 years determine the present value, p, you must ...
- math - Suppose you borrow $4200 at an annual simple interest rate of 10.5% for a...
- Algebra - Maybe that was to confusing...we have a data sheet to fill out - 2 ...
- business Math - Carl Sonntag wanted to compare what proceeds he would receive ...
- math (SIMPLE INTEREST) - 1.find a)simple interest earned b) simple amount for ...
- math (SIMPLE INTEREST) - 1.find a)simple interest earned b) simple amount for ...
- Math-- Desperate for help! - Find the amount in an account if $2000 is invested ...
- Help math calc - Find the future value of $700 deposited at 3% for 9 years if ...