Asked by nora

don williams invested some money st 9% simple interest. At the end of the year, the total amount of his original principal and the interest was $6.540. How much did he originally invest
Answered by Damon
P * 1.09 = $6.540 (think you have a typo)
so
P = $6.540 / 1.09
Answered by nora
ya i see it sorry it should read don invested some money at 9%
Answered by Ms. Sue
I believe Damon was referring to this figure: <b>$6.540</b>

Did he only invest six dollars and 54 cents?

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