Ask Question
23 May, 23:34

I = prt Time = 3 years Interest Rate = 5% Principal = $7,430 Use the information to answer the question. How much interest is paid? $111.45 $1,114.50 $11,145 $111,450

+1
Answers (1)
  1. 24 May, 00:40
    0
    I = prt

    p = 7430

    r = 5% ... turn to decimal = 0.05

    t = 3

    I = (7430) (0.05) (3)

    I = 1114.50 <===
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “I = prt Time = 3 years Interest Rate = 5% Principal = $7,430 Use the information to answer the question. How much interest is paid? $111.45 ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers