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3 years ago

WILL MARK AS BRAINLIEST PLZ HELP

2 answers:

7 0

The formula is
I=prt
I interest earned 14.65
P initial deposit ?
R interest rate 0.025
T time 2 years
Plug in the formula
14.65=p×0.025×2
Solve for p
14.65=0.05p
Divide both sides by 0.05
P=14.65/0.05
P=293....answer

Hope it helps!

alexdok [17]3 years ago

3 0

His initial deposit was $293

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