SOLUTION: Solve for the missing item in the following
Interest rate: 7.00%
Time: 3 3/4 years
Simple interest: $350
Principle ?
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Question 1146342: Solve for the missing item in the following
Interest rate: 7.00%
Time: 3 3/4 years
Simple interest: $350
Principle ?
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
Solve for the missing item in the following
Interest rate: 7.00%
Time: 3 3/4 years
Simple interest: $350
Principle ?
==================
I = P*r*t
P = I/(r*t)
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