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  • 03-01-2018
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If I = prt, and p=$1,000,r=7%, and t=1,What does I equal?

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theeunice96p1wmlt
theeunice96p1wmlt theeunice96p1wmlt
  • 03-01-2018


[tex]i = \frac{prt}{100} \\ i = \frac{1000 \times7 \times 1}{100} \\ i = \frac{10 \times 7}{1} \\ i = 70 \: dollars[/tex]
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