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Principal sum is $8600.
Convert months to years by dividing 12 months.
Interest rate in percentage.
Convert months to years by dividing 12 months.
Interest rate in percentage.
Date Posted:
6 years ago
What's the answer just to check?
0.9%
I didn't get that answer?? What am I supposed to do with the 64.50
PRT/100 = 64.50
P = 8600
T = 10/12
Solve for R
R = (64.5*100)/(P*T)
P = 8600
T = 10/12
Solve for R
R = (64.5*100)/(P*T)