Answer:
15 in your answer
Step-by-step explanation:
-5 +-8 = -13
4+7+1+6=18
-13+18=15
Answer:
I think its 45
Step-by-step explanation:
The amount invested is $ 470
<h3><u>Solution:</u></h3>
Given that , we have earned $131.60 as simple interest for an amount deposit at the rate of 4% for seven years.
We have to find the amount invested. That is, we need to find the principal sum
Let us use the simple interest formula
<em><u>The simple interest is given as:</u></em>

Here, simple interest = $ 131.60
Rate of interest = 4 %
Number of years = 7
principal = ?
Substituting the values in formula, we get

Thus the amount invested is $ 470
Answer:
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed. The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited or borrowed.