Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary. p= ?, r= 5%, t= 3 months, i = $55.90 A. p= $4,658.33 B. p=$134,160.00 C. p= $44,720.00 O D. p= $4,472.00
Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary. p= ?, r= 5%, t= 3 months, i = $55.90 A. p= $4,658.33 B. p=$134,160.00 C. p= $44,720.00 O D. p= $4,472.00
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 15E
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![Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary.
p= ?, r= 5%, t=3 months, i= $55.90
A. p= $4,658.33
B. p=$134,160.00
C. p= $44,720.00
O D. p= $4,472.00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa99d10c8-4743-48f3-baef-72dd782dee2e%2F42669b7b-4a9c-490a-a4d4-8b40aa243935%2F2dzm54_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary.
p= ?, r= 5%, t=3 months, i= $55.90
A. p= $4,658.33
B. p=$134,160.00
C. p= $44,720.00
O D. p= $4,472.00
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