Mathematics
Mathematics, 11.02.2020 20:55, lmolmlm5420

Use the formula I=prt to solve.

1. Basil earned $631.40 in 7 years on an investment at a 5.5% simple interest rate.

How much was Basil’s investment?

A. $496

B. $1640

C. $16,400

D. $80,360

2. Jennifer earned $249.60 in 612 years on a $640 investment.

What was the simple interest rate?

A. 3.9%

B. 6%

C. 39%

D. 62.4%

answer
Answers: 2

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Use the formula I=prt to solve.

1. Basil earned $631.40 in 7 years on an investment at a...

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