Mathematics, 03.12.2020 03:40 genyjoannerubiera
The simple interest equation is I = Prt, where I is the
interest earned, P is the principal investment, and t is the
amount of time (in years).
Use the formula to solve the problem: If a $5,000 investment
earns $1,575 interest over 18 years, what is the annual interest
rate?
r =
% (enter your answer as a percent and do not round)
Answers: 2
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The simple interest equation is I = Prt, where I is the
interest earned, P is the principal investm...
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