# Math

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Determine the missing value by using simple interest

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

• Math -

I = PRT

P = I/RT

P = 12.5/(0.02 * 0.25)

P = ?

• Math -

P= 156.25

• Math -

No. Calculate the numbers within the parentheses first.

P = 12.5/ 0.005
P = \$2,500

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