Answer:
yes
Step-by-step explanation:
I have no idea I’m doing the same thing rn but good luck bro bro
Answer:
Tony's deposit was $800.
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Final Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
To do that we have to add 2+7=9
Next step is to divide 72 by 9
72:9=8 - its how many pounds its in"1"
Finally we can multiply
2*8=16
7*8=56 - its the answer