Simple interest  Percents
Simple interest
Lessons
Notes:
$I = Prt$ where $I$ = interest, $P$ = Principal, $r$ = interest rate, $t$ = time (in years)

5.
Analyze Different Questions relating to Simple Interest
Nico is graduating high school and he decides to borrow $800 to go on a graduation trip to Las Vegas. He wants to borrow the money at a bank with an annual interest rate of 11% for 2 years.