SOLUTION: use simple interest formula- rates are annual. 360 days per year and 30 days per month
p=? r=5% t=13 months i=103.55
I know i=prt But Im not coming up with the right answer.
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p=? r=5% t=13 months i=103.55
I know i=prt But Im not coming up with the right answer.
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Question 360235: use simple interest formula- rates are annual. 360 days per year and 30 days per month
p=? r=5% t=13 months i=103.55
I know i=prt But Im not coming up with the right answer.
I have 103.55x5%x13/12 please help! Answer by rfer(16322) (Show Source):
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