SOLUTION: use i=prt to solve. find the interest rate,the principal=4000 the rate is 0.09 and the time is 3 years what is the interest rate
Algebra.Com
Question 1023330: use i=prt to solve. find the interest rate,the principal=4000 the rate is 0.09 and the time is 3 years what is the interest rate
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
I think you mean the interest, you already know the rate.
Multiply that out to get the answer.
RELATED QUESTIONS
i know that i=prt find the principal the acellus site showed how to find the interest... (answered by fractalier)
what is the time of the loan if:
Balance =$5000
Principal= $4000
Interest rate =... (answered by rfer)
THE SIMPLE INTEREST. I ON A PRINCIPAL OF P DOLLARS AT INTEREST RATE R FOR TIME T, IN... (answered by checkley71)
the formula for the simple interest earned on an investment is I=prt, where I is the... (answered by rfer)
Bonnie has £60 in a savings account.Theinterest rate is 5% per year and is not... (answered by ikleyn)
a orginal investment of 55,000 in three years earns 65,000 what is the simple interest... (answered by jojo14344)
If money is invested for a short period of time, simple interest is paid using the... (answered by jim_thompson5910)
sam wants to invest part of his $24000 lottery winnings in an international stock fund... (answered by addingup)
Can someone help me on this problem?
The simple interest I on a principal of P... (answered by Willie)