Elementary Algebra

Published by Cengage Learning
ISBN 10: 1285194055
ISBN 13: 978-1-28519-405-9

Chapter 3 - Equations and Problem Solving - Chapter 3 Review Problem Set - Page 137: 21



Work Step by Step

Substituting $P=4000$, $r=0.05$, and $t=2$ in the given equation, $ i=Prt ,$ we obtain: \begin{array}{l}\require{cancel} i=(4000)(0.05)(2) \\\\ i=400 .\end{array}
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