Answers

2014-10-05T11:08:36+08:00
Formula: I=Prt
to derive this formula to find the P:
I=Prt = P=I/rt
so, P=I/rt
t=150/360 equavalent the actual time (360).
P=$1200/(.12)(150/360)
P=$2400

to find the F:
F=P+I
F=$24000+$1200
F=$25200
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