Cherese23 Cherese23

18-01-2015
Mathematics

Answered

P=$300

R=7%

T=2

What is I?

A$4.20
B$42.00
C$420.00

Verified Answer :

taskmasters taskmasters

28-02-2016

The simple interest formula is
presented as I = PxRxT where I is the interest, P is the principal amount, R is
the rate and T is the time.

I = PxRxT

I = $300x.07x2

I = $42

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