saintbarry04 saintbarry04
  • 14-01-2020
  • Mathematics
contestada

find the principal which amount to #5500 at simple imterest in 5years at 2% per annum​

Respuesta :

josshyaby
josshyaby josshyaby
  • 14-01-2020

Answer:s

Step-by-step explanation:

I = (P×R×T)/100

I = #5500, T = 5years, R = 2%

5500 = P(2×5)/100

5500 = P(10)/100

5500 = P/10

P = 5500×10

P = #55000

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