SOLUTION: Solve i = Prt for i, given that P = $500, r = 7%, and t = 3 1/2 years.

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Question 214111: Solve i = Prt for i, given that P = $500, r = 7%, and t = 3 1/2 years.
Answer by rfer(16322)   (Show Source): You can put this solution on YOUR website!
i=Prt
i=500*.07*3.5
i=$122.50

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