An amount of P dollars is borrowed for the given length of time at an annual simple interest rate of r. Find the amount due at the end of the given length of time. (Round your answer to the nearest cent.) P = $5600, r = 8.0%, 6 months $
An amount of P dollars is borrowed for the given length of time at an annual simple interest rate of r. Find the amount due at the end of the given length of time. (Round your answer to the nearest cent.) P = $5600, r = 8.0%, 6 months $
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 18E
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An amount of P dollars is borrowed for the given length of time at an annual simple interest rate of r. Find the amount due at the end of the given length of time. (Round your answer to the nearest cent.)
P = $5600, r = 8.0%, 6 months
$
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