The amount invested is $ 470
<h3><u>Solution:</u></h3>
Given that , we have earned $131.60 as simple interest for an amount deposit at the rate of 4% for seven years.
We have to find the amount invested. That is, we need to find the principal sum
Let us use the simple interest formula
<em><u>The simple interest is given as:</u></em>

Here, simple interest = $ 131.60
Rate of interest = 4 %
Number of years = 7
principal = ?
Substituting the values in formula, we get

Thus the amount invested is $ 470
Answer:
10 percent :)
Step-by-step explanation:
Discount = Original Price x Discount %/100
Discount = 20000 × 10/100
Discount = 20000 x 0.1
You save = $2,000.00
Final Price = Original Price - Discount
Final Price = 20000 - 2000
Final Price = $18,000.00
i hope this helps! pls stay happy and healthy, friend! :))
Answer:
y=-3/5(x+5)+4
Step-by-step explanation:
y=m(x-h)+k
y=-3/5(x+5)+4
The line that is being constructed in the series of diagrams provided is perpendicular.
Answer:
173.80 interest, 4518.80 total
Step-by-step explanation:
4345 X .03(3%)=130.35/year
130.35/12=10.8625/month
10.8625 x 16 months = 173.80 interest over 16 months
4345+173.80=4518.80 total amount