Algebra 1

Published by Prentice Hall
ISBN 10: 0133500403
ISBN 13: 978-0-13350-040-0

Chapter 2 - Solving Equations - 2-9 Percents - Lesson Check: 7

Answer

$75

Work Step by Step

I = Prt I is interest P is principal r is annual interest rat in decimals t is time 75 = P(0.04)1 75 = P(0.04) 1875 = P I = 1875(0.04)(2 - 1) I = 75
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