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Oxana [17]
3 years ago
6

How much principle must be deposited to earn $1000 simple interest in 2 years at a rate of 1.3%? Round to the nearest cent. (use

the simple interest formula and solve for P)
A:$35,405.21
B:$35,021.03
C:$38,461.54
D:$32,324.52
Mathematics
1 answer:
Vanyuwa [196]3 years ago
5 0
C.
$38,461.54 must be deposited to earn $1000 in 2 years.
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