Simple interest,
FV=P(1+ni)
FV=future value=2500
P=present value, invested amount
n=number of years, =3
i=annual interest rate, =0.095
2500=P(1+3(0.095))
Solve for P.
Answer:
15/8= 3+15/8+(x-3)
Step-by-step explanation:
Its 2:185 because when you do ratios you divide by 2
