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Asked by Shary

A deposit mature to 24200 after 3yeras at simple interest of7 percent per annum what is the principal amount of deposit
8 years ago

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Answered by Henry
P = Po + Po*r*t.

P = $24,200, r = 0.07, t = 3 yrs.
Po = ?.

8 years ago
Answered by Ankita
Answer is 20,000
3 years ago
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A deposit mature to 24200 after 3yeras at simple interest of7 percent per annum what is the principal amount of deposit

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