maryshumate2 maryshumate2
  • 11-03-2018
  • Mathematics
contestada

Find the amount of time. I=$237.90, P=$1525, r=2.6%

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harpazo
harpazo harpazo
  • 11-03-2018
Let t = time.
You did not specify if time is in years, months, weeks, or days.

237.90 = 1525(0.026)t

237.90 = 39.65t

237.90/39.65 = t

6 = t
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