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 = 4320, p = 24000, r = 0.06 (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 = 4320, p = 24000, r = 0.06 (simple interest formula). t =

Answer

Explanation:

Step1: Substitute values into formula

Given $I = PRT$, substitute $I = 4320$, $P=24000$, and $R = 0.06$. We get $4320=24000\times0.06\times T$.

Step2: Simplify the right - hand side

First, calculate $24000\times0.06 = 1440$. So the equation becomes $4320 = 1440T$.

Step3: Solve for T

Divide both sides of the equation by 1440. $T=\frac{4320}{1440}$. $T = 3$

Answer:

$3$