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Karo-lina-s [1.5K]
3 years ago
12

find the present value of an investment that is worth 19513.75 after earning 3% simple interest for 51/2 years answer

Mathematics
1 answer:
tekilochka [14]3 years ago
5 0

Answer:

x+ x×3%×11/2=19513.75 considering 3% interest per year for 5 and a half years

x=8375

Step-by-step explanation:

x×233/200=19513.75

x=1951375/233

x=8375

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