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9 October, 08:30

Michael borrows money from his uncle, who is charging him simple interest using the formula I = PRT. To figure out what the interest rate, R, is, Michael rearranges the formula to find R. His new formula is R equals

A) R = PTI

B) R = PT/I

C) R = I/PT

D) R = P/IT

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Answers (1)
  1. 9 October, 09:47
    0
    c

    Step-by-step explanation:

    formula l=PRT

    bring PT to right side we get

    l/PT = R

    or

    R=l/PT
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