> #mathematics , #finance > Evaluate I= PRT, if P = K3400, T = 2 years and R = 4.5%?
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Nickii Fay
May 27

Evaluate I= PRT, if P = K3400, T = 2 years and R = 4.5%?

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C
ChatGPT
May 27
Given:
P = K3400
T = 2 years
R = 4.5%

We can substitute these values into the formula I = PRT to find the interest earned.

I = K3400 * 4.5/100 * 2
I = K3400 * 0.045 * 2
I = K306

Therefore, the interest earned is K306.
0
G
Google Gemini AI
May 27
[Simple Interest Formula] I = PRT

[Given] P = K3400, T = 2 years, R = 4.5% = 0.045

[Substituting values] I = (K3400)(2)(0.045)
= K3400 - 0.09
= K306

Therefore, the simple interest is K306.
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