answer fast people please
2007-02-22 20:21:22 · 6 answers · asked by Anonymous in Science & Mathematics ➔ Mathematics
the formula is P+ PTR/100
P=500
T=2
R=5%
substituting we get
500 + 500*5*2/100
=500+50
=550
2007-02-22 20:29:09 · answer #1 · answered by vatsa 2 · 1⤊ 0⤋
I = $ (5/100 x 500 x 2 ) = $ 50
Amount = $ 550
2007-02-22 20:32:17 · answer #2 · answered by Como 7 · 1⤊ 0⤋
Total SI = P + PTR/100
Total SI = 500 + (500 * 5/100 * 2) = 550
Of which 500 is the principal and $50 is the interest.
2007-02-22 20:31:34 · answer #3 · answered by Tiger Tracks 6 · 1⤊ 0⤋
500*.05*2=50
500+50=$550
2007-02-23 01:37:15 · answer #4 · answered by Anonymous · 0⤊ 0⤋
500*.05*2 = $550
2007-02-22 20:24:08 · answer #5 · answered by FCabanski 5 · 1⤊ 0⤋
500 X .05(it quite is 5%.) That quantities to twenty-5 funds. So, you have 525 funds on the tip of the 1st twelve months. 525 X .05 (it quite is 5%.) it quite is 26.25. so which you finally end up having 551.25. Now, do something your self.
2016-12-17 16:55:29 · answer #6 · answered by Anonymous · 0⤊ 0⤋