Asked by Anonymous
when invested at an annual interest rate of 4.7% an account earned 1290.33 of simple interest in 3 years how much money was originally invensted
Answers
Answered by
Ms. Sue
I = PRT
1290 33 = P * 0.047 * 3
Solve for P.
1290 33 = P * 0.047 * 3
Solve for P.
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