1350 = p * 0.09 * 3
1350 = 0.27p
1350/0.27 = p
5,000 = p
To purchase two new copiers, a campus bookstore paid $1350 in interest on a 9% loan for 3 years. Find The principal
$1350/(0.09)(3)=4500.00 for principal
1 answer
1 answer