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Robert invests $1,100 at an annual interest rate of 8% for the period of 1 year. Right an equation that shows the relationship between principal amount (p), rate of interest (r), period of investment in years (t), and interest earned (i).

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bhavya2vemuri

Answer:

i=1,100*0.08*1-equation

$88-interest earnt

Step-by-step explanation:

I=prt- interest rate formula

i=1,100*0.08*1---this is your equation

i=88

the interest earnt is $88

hope this helps!

Answer:

i=1,100rt that is your answer

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