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Posted by 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 - , Friday, July 12, 2013 at 1:50pm

    I = PRT

    P = I/RT

    P = 12.5/(0.02 * 0.25)

    P = ?

  • Math - , Friday, July 12, 2013 at 1:56pm

    P= 156.25

  • Math - , Friday, July 12, 2013 at 2:08pm

    No. Calculate the numbers within the parentheses first.

    P = 12.5/ 0.005
    P = $2,500

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