Answer:
Step-by-step explanation:
To solve the equation I=prt for p, divide by its coefficient, rt. That gives ...
p = I/(rt)
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Now, to answer the question, you can substitute the given values for I, r, t and you have ...
p = $300/(0.06·10) = $500
Hamid initially invested $500.
I’m pretty sure it’s $826.85 because deposit means to put money into something. So, you’d just add $601.85 to $225 to get your answer. I think.
