Answer:
626,140
or
600,000+20,000+6,000+100+40
Step-by-step explanation:
16 because you divide i hour by 15 and multiply that by 4:)
Principal is the same as original amount.
<span>1. You convert the rate % to a decimal number. (divide by 100) </span>
<span>2. Substitute: </span>
<span>P = 144 / (.04 x 2) </span>
<span>3. Solve: </span>
<span>P = 144 / .08 </span>
<span>P = 1,800 </span>
<span>4. Your answer is $1,800</span>
