JerChris
JerChris
09-03-2017
Mathematics
contestada
I=$26.25I=$26.25, P=$500P=$500, t=18 t=18 months
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tb2525
tb2525
09-03-2017
what is the acutal question
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bcalle
bcalle
09-03-2017
I'm assuming it is simple interest.
I = prt
26.25 = 500 r * 1.5
26.25 = 750r
divide both sides by 750
.035 = r
rate = 3.5%
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