SOLUTION: Elaluate the formula I=PRT for P= 2500, r=3/50, and T= 1 1/2

Algebra ->  Equations -> SOLUTION: Elaluate the formula I=PRT for P= 2500, r=3/50, and T= 1 1/2      Log On


   

Question 111025: Elaluate the formula I=PRT for P= 2500, r=3/50, and T= 1 1/2
Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
I=PRT
I=2500*3/50*1.5
I=2500*4.5/50 DIVIDE EACH TERM ON THE RIGHT BY 50
I=50*4.5
I=$225 IS THE ANSWER FOR THE INTEREST AMOUNT.