Tahmar knows the formula for simple interest is [tex]$I=P r t$[/tex], where [tex]$I$[/tex] represents the simple interest on an amount of money, [tex]$P$[/tex], for [tex]$t$[/tex] years at [tex]$r$[/tex] rate. She transforms the equation to isolate [tex]$P: P=\frac{l}{\pi}$[/tex]. Using this formula, what is the amount of money, [tex]$P$[/tex], that will generate [tex]$$20$[/tex] at a [tex]$5 \%$[/tex] interest rate over 5 years?

Question

mmcgimsey · Answer

No. .41 is greater than .31 by 0.1

bayleeduggergp · Answer

No it is not .41 is greater

Anonymous · Answer

0.31 is not greater than 0.41; it is actually less than 0.41. This is determined by comparing the tenths digits of both numbers, where 3 is less than 4. Therefore, 0.31 < 0.41. 
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Answer (3)

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