Asked by Jamie

Rate is 6% , time is 3 years, interest is $216.00, what is the principal?

Answers

Answered by Ms. Sue
I = p*r*t
216 = p * 0.06 * 3
216 = p * 0.18
216 / 0.18 = p
?? = p
Answered by amber
p=1200
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