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30 March, 10:16

Interest rate 6.5%, time 18 months, simple interest $828.75 what is the principal

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  1. 30 March, 10:27
    0
    Formula I=Prt

    principal*rate*time

    first conversation 6.5 into. 065

    the multiply

    P-$828.75

    R-.065

    T-18 months 1year 6months

    This MAY be the answer but I have to admit I'm not Completely Sure!

    Answer - (8.97)
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