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3 June, 07:18

I=$720, P=$1000, r=9%

Find the amount of the time.

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  1. 3 June, 07:40
    0
    I = PRT ... looking for T ... re-arrange ... I / PR = T

    I / PR = T

    I = 720

    P = 1000

    R = 9% = 0.09

    now we sub

    720 / (1000) (0.09) = T

    720 / 90 = T

    8 = T <===
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