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

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

P = I/RT

P = 12.5/(0.02 * 0.25)

P = ?

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

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**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

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