Felicia invested money at an interest rate of 4%. After six months, she had earned $90.00 interest. How much money did Felicia i

Question

barxatty [35]

3 years ago

6

Felicia invested money at an interest rate of 4%. After six months, she had earned $90.00 interest. How much money did Felicia i

nvest?
I = prt
90 = p(0.04)(0.5)
90 = p(0.02)
p = _________ dollars

Mathematics

2 answers:

WARRIOR [948] · Answer 1 · 2022-03-23T04:10:17+03:00

WARRIOR [948]3 years ago

8 0

The formula is
I=prt
I interest earned 90
P amount invested?
R interest rate 0.04
T time 6/12
Solve the formula for p
P=I÷rt
P=90÷(0.04×(6÷12))
P=4,500 ....answer

Paul [167] · Answer 2 · 2022-03-23T05:17:37+03:00

Paul [167]3 years ago

4 0

Answer:

The formula is

I=prt

I interest earned 90

P amount invested?

R interest rate 0.04

T time 6/12

Solve the formula for p

P=I÷rt

P=90÷(0.04×(6÷12))

P=4,500 ....answer

Step-by-step explanation: