Ask Question
20 September, 13:30

Use the simple interest formula.

p=? r=8%, t=3 months, i=$44 what is the answer for the principal?

+1
Answers (2)
  1. 20 September, 14:33
    0
    I=PRT

    8%/100=.08

    $44=P (3) (.08)

    14.67=P (.08)

    P=183.33333333
  2. 20 September, 15:02
    0
    I=PRT

    where I=interest

    P=principal (amount invested)

    R=rate

    T=time period

    44=P*8%*3

    44=P*0.24

    P=44/0.24

    P=183.333333 (repeating decimal)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Use the simple interest formula. p=? r=8%, t=3 months, i=$44 what is the answer for the principal? ...” 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