Asked by lun
(7.RP.3) When invested at an annual interest rate of 6% an account earned $180.00 of simple interest in one year. How much money was originally invested in account? (1 pt) *
a) $10.80
b) $108
c) $648
d) $30
e) $300
f) $3,000
a) $10.80
b) $108
c) $648
d) $30
e) $300
f) $3,000
Answers
Answered by
bobpursley
3000*.06=180
or more to the point, 180/.06=3000
or more to the point, 180/.06=3000
Answered by
Henry2
I = P*r*t = 180.
P*0.06 *1 = 180,
P = $3,000.
P*0.06 *1 = 180,
P = $3,000.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.