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2 years ago

7

Mathematics

2 answers:

ikadub [295]2 years ago

6 0

Answer:

Option: D P = 9000

Step-by-step explanation:

I = PRT

5760 = P * 0.08 * 8

5760 = 0.64P

9,000 = P

trasher [3.6K]2 years ago

5 0

Answer:

we have to use the formula of simple interest, which is

I = P r t

Where I is the interest earned, P is the amount invested, r is the rate of interest and t is the time duration .

In the given question, I = $4840 , r =11% or 0.11, t=11, P is unknown .

Substituting the values in the formula, we will get

4840=0.11*11*P4840=0.11∗11∗P

4840=1.21 P4840=1.21P

P=4000

So she invested $4000

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