Sharon earned $480 in interest in account over 5 years. the rate was 12%. If i=prt

Sandine

New member
Joined
Oct 18, 2010
Messages
1
Reaction score
0
Points
1
what i t? P(.12)5=480
what is p?
p times .12 times 5 equals 480
what is p?
please help!?!!?!
 
I have no idea!

You wrote down the formula incorrectly, pay attention in class next time!

Anyway, the answer is $630. Sharon originally had $630 in her bank account.

After 5 years at 12% interest, Sharon (if that is her real name) will have earned $480 in interest.
 
Back
Top