Mathematics, 27.05.2020 07:57 savannahvargas512
Carter invested $800 in a savings bond that pays simple interest according to the formula below.
1 = Prt
In the formula, / represents interest, P represents the money invested, or principal amount, ris the
simple interest rate, and t represents the time, in years, that the money is invested.
If the savings bond pays 4% interest, how much interest will Carter earn after 9 years?
Answers: 3
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Carter invested $800 in a savings bond that pays simple interest according to the formula below.
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