You deposit some money into a bank account paying 8% simple interest per year. You received $500 in interest after 2 years. How much the deposit (principal) was?
Result
The principal was $3125.
Explanation
Find principal by using the formula I=P⋅i⋅t, where I is interest, P is total principal, i is rate of interest per year, and t is total time in years.
In this example I = $500, i = 8% and t = 2 years, so
IPPP=P⋅i⋅t=Ii⋅t=5000.08⋅2=3125
Answer:
the exponent is 6............
2.factor I don't know the rest
If the number after the decimal is 1-4 you drop it, if it's 5-9 you add one to the whole number. In 19.6, 6 is 5-9 so you add one to 19- 19.6=20. In 23.8, 8 is 5-9 so add one to 23- 23.8=24. In 38.4, 4 is 1-4 so you drop it- 38.4=38. So the answer is C. 20, 24, 38 :) hope this helps
