find yrs for $800 to earn $180 if invested at 9% simple int.

jenn2998

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Oct 6, 2008
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how many years will it take $800 to earn $180 in interest if it is invested at 9% simple interest.
 
Re: I=Prt

jenn2998 said:
how many years will it take $800 to earn $180 in interest if it is invested at 9% simple interest.

You know the equation...

You know P (=800)

you know r(=0.09)

You know I (=180)

Calculate 't'.

Where exactly are you stuck?
 
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