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 2 years ago
The formula commonly used to find simple interest is i = prt.
What is the simple interest if p = 1000, r = 0.05, and t = 1?
a,1001.05
b,1050
c,500
c,50
please help me:(
 2 years ago
The formula commonly used to find simple interest is i = prt. What is the simple interest if p = 1000, r = 0.05, and t = 1? a,1001.05 b,1050 c,500 c,50 please help me:(

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samtab
 2 years ago
Best ResponseYou've already chosen the best response.0someone please help me:(

WM211
 2 years ago
Best ResponseYou've already chosen the best response.1ignore the wording of the question  'simple interest' is just there to throw you off. extract the numerical information you need and treat is as a simple equation: the variable you are after is i, and it is given that i is equal to the three others multiplied together. i = 1000 x 0.05 x 1 = 50
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