document.write( "Question 257337: Use the formula for simple interest, I = prt. Find p if I = $184.28, r = 4.1%, and t = 2 yr. \n" ); document.write( "
Algebra.Com's Answer #189276 by unlockmath(1688)![]() ![]() You can put this solution on YOUR website! Hello, \n" ); document.write( "Let's plug in the numbers into the formula: \n" ); document.write( "I = prt. Find p if I = $184.28, r = 4.1%, and t = 2 yr \n" ); document.write( "184.28=p(.041)(2) This can be rewritten as: \n" ); document.write( "184.28=.082p Divide each side by .082 to give us: \n" ); document.write( "p=2247.317 Round off to 2247.32 \n" ); document.write( "There we go the principal (amount) is: \n" ); document.write( "$2247.32 \n" ); document.write( "Make sense? \n" ); document.write( "RJ \n" ); document.write( "Check out a new book: \n" ); document.write( "www.math-unlock.com \n" ); document.write( " |