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Mathematics
Cortez
3 April, 08:35
I=$26.25I=$26.25, P=$500P=$500, t=18 t=18 months
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Dahlia Marquez
3 April, 09:34
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What is the acutal question
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Drake Maddox
3 April, 11:54
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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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