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The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the us
Posted: Sat Jul 09, 2022 2:12 pm
by answerhappygod
- The Principal P Is Borrowed At A Simple Interest Rate R For A Period Of Time T Find The Simple Interest Owed For The Us 1 (15.8 KiB) Viewed 34 times
The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume there are 360 days in a year. P=$5000, r=6.0%, t= 15 months The simple interest owed for the use of the money is $ (Round to the nearest cent as needed.) GELEID