Answer:
94.5%
Step-by-step explanation:
Percent decrease can be represented as
[original price] * percentage = [new price]
When trying to find the percentage, you can manipulate the equation by dividing both sides by the original price to get:
percentage = [new price] / [original price]
In this case, this is represented by 192300/203400, or 94.5%
The amount of money you deposit into the account is $3000
<h3>How much money did you deposit into the account? </h3>
The given parameters are
Rate, r = 8%
Time, t = 5 years
Interest, I = $1200
The formula of simple interest is
I = PRT
So, we have
1200 = I * 8% * 5
This gives
1200 = I * 0.4
Divide both sides by 0.4
I = 3000
Hence, the amount of money you deposit into the account is $3000
Read more about simple interest at:
brainly.com/question/20690803
#SPJ1
12/65 divide by two if is simplified tell me ok
