document.write( "Question 851975: The simple interest (I) on a certain amount of money (p) that is invested at a specified interest rate (r) for a specific period of time (t) can be found by the formula I = prt. Find the interest on a principal of $800 invested at 8% yearly for 3 years. \n" ); document.write( "

Algebra.Com's Answer #513092 by KMST(5328) $\"\"$ $\"About$

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$\"p=800\"$ (in $)
\n" ); document.write( " $\"t=3\"$
\n" ); document.write( " $\"r=%228+%25%22=8%2F100=0.08\"$
\n" ); document.write( "The interest on a principal of $800 invested at 8% yearly for 3 years, in $ is
\n" ); document.write( " $\"I=800%2A0.08%2A3\"$
\n" ); document.write( " $\"highlight%28I=192%29\"$ \n" ); document.write( "

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