substitute the given values into the given formula and solve for the unknown variable. if necessary, round…

substitute the given values into the given formula and solve for the unknown variable. if necessary, round to one decimal place. i = prt; i = 3640, p = 26000, r = 0.07 (simple interest formula) t = □

substitute the given values into the given formula and solve for the unknown variable. if necessary, round to one decimal place. i = prt; i = 3640, p = 26000, r = 0.07 (simple interest formula) t = □

Answer

Explanation:

Step1: Write the simple - interest formula

$I = PRT$

Step2: Rearrange the formula to solve for T

$T=\frac{I}{PR}$

Step3: Substitute the given values

Given $I = 3640$, $P = 26000$, and $R=0.07$. Then $T=\frac{3640}{26000\times0.07}$

Step4: Calculate the denominator

$26000\times0.07 = 1820$

Step5: Calculate T

$T=\frac{3640}{1820}=2$

Answer:

$2$