find i when p = 1000, r = 0.1, and t = 4 using the formula i = prt (simple interest formula).\ni =…

find i when p = 1000, r = 0.1, and t = 4 using the formula i = prt (simple interest formula).\ni = $square$\n(simplify your answer. type an integer or decimal rounded to the nearest hundredth as needed.)

find i when p = 1000, r = 0.1, and t = 4 using the formula i = prt (simple interest formula).\ni = $square$\n(simplify your answer. type an integer or decimal rounded to the nearest hundredth as needed.)

Answer

Explanation:

Step1: Substitute values into formula

Given $p = 1000$, $r=0.1$, $t = 4$, substitute into $i=prt$. So $i=1000\times0.1\times4$.

Step2: Perform multiplication

$1000\times0.1 = 100$, then $100\times4=400$.

Answer:

$400$