brittneyhopkins1 brittneyhopkins1
  • 14-12-2017
  • Mathematics
contestada

Interest earned: $45
Principle: ?
Interest rate: 3%
Time: 2 years

What is the principle?

Respuesta :

MichaelLiu
MichaelLiu MichaelLiu
  • 14-12-2017
Assuming simple interest,

45 = P * 0.03 * 2

P = 45 / 0.06 = $750
Answer Link

Otras preguntas

What is the answer 8d-10 for d= 4
How can I write mass as a sentence
What is the value of the expression when p = –16 and q = –2? p/4q
What is the name of the cake traditionally eaten in Italy at Christmas
Explain why people with poorly controlled diabetes are at risk for amputation.
How are the earths layers alike and different?
Wendall and Sarah are taking road trips. Wendall travels for 15x miles per hour for x hours. Sarah travels for 6 more hours than Wendall at a speed that is 8 mi
Why did armor need to be heavy?
which forces are interacting when a bowling ball is pick up ? a.gravity b.inertia c.apull d.all of these
an employee worked 160.5 hours in may, 165.75 hours in June and 152.25 hours in july. What was the average number of hours you worked each month?