SOLUTION: I=prt(equation for simple interest) Fine the value of I given that p=500,r=0.11, and t=2 I=?

Algebra ->  Equations -> SOLUTION: I=prt(equation for simple interest) Fine the value of I given that p=500,r=0.11, and t=2 I=?      Log On


   

Question 1065197:
I=prt(equation for simple interest)
Fine the value of I given that p=500,r=0.11, and t=2
I=?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
I=Prt
I=500*0.11*2
I=110