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March 28, 2015

March 28, 2015

Posted by **Anonymous** on Wednesday, September 18, 2013 at 4:42pm.

Principal

Rate (%)

Time

Interest

$50,000

9 months

$4,500

- Business Math -
**Ms. Sue**, Wednesday, September 18, 2013 at 4:48pmI = PRT

4,500 = 50,000 * R * 0.75

4,500 = 37,500R

4,500 / 37,500 = R

0.12 = 12% = R

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