Use l = PRT to solve. %D (time is in years) | = $312.50 R = 25% T = 0.25 years %3D Find P. %3D (Remember, 25% = .25 in decimal form) %3D Enter

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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ple Interest
Use l = PRT to solve.
%3D
(time is in years)
| = $312.50
R= 25%
Find P.
T = 0.25 years
%3D
(Remember, 25% = .25 in decimal form)
Enter
cellus Corporation. All Rights Reserved.
Transcribed Image Text:ple Interest Use l = PRT to solve. %3D (time is in years) | = $312.50 R= 25% Find P. T = 0.25 years %3D (Remember, 25% = .25 in decimal form) Enter cellus Corporation. All Rights Reserved.
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