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lbvjy [14]
3 years ago
14

Please help! What is the value

Mathematics
1 answer:
Eva8 [605]3 years ago
8 0

Answer:

It should be the first one (2)

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Sever21 [200]

Answer:

$900

Step-by-step explanation:

Use the formula for simple interest:  i = p r t, where i is the interest earned, p is the principal amount, r is the interest rate as a decimal fraction, and t is the time in years.

Here, i = $27 = p(0.015)(2), or

               $27 = 0.03p

Dividing both sides by 0.03, we get:

p = $27 / 0.03 = $900

The principal, in this situation, was $900.

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