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drbob222
Can you check this one for me i want to make sure. The simple interest I on a principal of P dollars at Interest rate r for time t, in years, is given by I=PrT.Find the simple interest on aprincipal of $6000 at 3% for 2years. I
asked by jasmine20 on December 12, 2006 
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A principal of $5000 was invested in a savings account for 4 years. If the interest earned for the period was $400, what was the interest rate? [Hint: The formula for simple interest is I=Prt.]
asked by Issa on September 14, 2018 
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The amount of an investment of P dollars for t years at simple interest rate r is given by A= P+Prt a) Rewrite this formula by factoring out the greatest common factor on the righthand side. b) Find A if $8300 is invested for 3
asked by Roger on March 4, 2009 
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Can you check these simple interest problems? 1. If you borrow $421 for nine years at an interest rate of 4%, how much interest will you pay? Ans: I = prt I = $421*.04*9 I = $151.56 2. If the balance at the end of 8 years on an
asked by Alexis on January 21, 2015 
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Can you check these simple interest problems? 1. If you borrow $421 for nine years at an interest rate of 4%, how much interest will you pay? Ans: I = prt I = $421*.04*9 I = $151.56 2. If the balance at the end of 8 years on an
asked by Alexis (repost) on January 22, 2015 
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Martin invested $6,500 in a bank at a simple interest rate of 6.5%. How much interest would he receive after 4 years? Use I=PRT
asked by heidi on October 6, 2016 
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How do I do this?  can anyone give me a formula to find the answers? Example: Find the annual rate of simple interest~ P: 5000 / I: 650 / T: 3 years. PV = nRT I=PRT so solving for R we get R=I/(PT) plug in your values and
asked by Finding Interest Rate in Interest Problems on April 25, 2007 
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Is this correct Business and finance. The simples interest I on a principle of P dollars at interest rate r for time t, in years, is given by I= Prt. Find the simple interest on a principal of $6000 at 3% for 2 years. Simple
asked by Jasmine20 on December 11, 2006 
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Given the simple interest formula, I = Prt, solve for t
asked by gabe on May 11, 2009 
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You visited your local bank. Because of your good credit, they agreed to give you a personal loan, simple interest at a current interest rate of 12.5% APR. you will pay this back in 1 year Interest=prt= Total Payment =Principle
asked by Tracy on March 8, 2017