Asked by jay
how much would adam have to deposit in a saving account to earn 100 dollars in interest over 4 years at 5% simple annual interest rate.
Answers
Answered by
Ms. Sue
I = PRT
100 = P * 0.05 * 4
100 = P * 0.2
100/0.2 = P
500 = P
100 = P * 0.05 * 4
100 = P * 0.2
100/0.2 = P
500 = P
Answered by
Athena queen
Your wrong
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