lill3oFernicefin lill3oFernicefin
  • 09-03-2017
  • Mathematics
contestada

You want to put some money in a simple interest account. it pays 8% interest annually for 2 years. you would like to earn $500 in interest. how much money do you need to put in?

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 10-03-2017
P=i/rt
P=500/(0.08*2)
P=3,125
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