document.write( "Question 149497: Find the missing value.\r
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document.write( "Principle= $8200.00, Time= 2.5 years, Simple Interest=$3997.50, Rate=??? \r
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document.write( "Please help\r
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document.write( "Ellen \n" );
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Algebra.Com's Answer #109688 by stanbon(75887) ![]() You can put this solution on YOUR website! Find the missing value. \n" ); document.write( "Principle= $8200.00, Time= 2.5 years, Simple Interest=$3997.50, Rate=??? \n" ); document.write( "------------ \n" ); document.write( "Interest = P*r*t \n" ); document.write( "3997.50 = 8200*r*2.5 \n" ); document.write( "r = 0.195 \n" ); document.write( "r = 19.5% \n" ); document.write( "===================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |