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16 May, 14:23

Given that simple interest is given by the formula I = prt, what is the value of I if p = 500, r = 1 20, and t = 4?

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Answers (2)
  1. 16 May, 14:34
    0
    100

    Step-by-step explanation:

    100

    Substitute the value of the variables into the formula and solve.

    I = prt

    I = (500) (

    1

    20

    ) (4)

    I = (25) (4)

    I = 100
  2. 16 May, 14:37
    0
    240000

    Step-by-step explanation:

    I = prt

    or, I=500 x 120 x 4=240000
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