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= $2,600, r= ?, t=3 years, i= $663.00 O A. r= 11.76% O B. r= 19.9% O C. r=0.09% O D. r= 8.5%

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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= $2,600, r= ?, t=3 years, i = $663.00
O A. r= 11.76%
O B. r= 19.9%
O C. r= 0.09%
O D. r= 8.5%
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= $2,600, r= ?, t=3 years, i = $663.00 O A. r= 11.76% O B. r= 19.9% O C. r= 0.09% O D. r= 8.5%
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