Answer: If the time is 3 1/2 years (most reasonable assumption)
Her initial deposit was $160
Step-by-step explanation: The basic formula for simple interest is
<em>i = prt i </em>is interest, P is principal (deposit) r is the percentage (converted to a decimal) and t is time, the number of years.
For this question, you have to rearrange the equation to solve for p.
So divide both sides by rt and you have
p = i/rt
Substitute the values given
p = 36.40/(0.065)(3.5)
Answer:40.9107
Step-by-step explanation:
I Am Pretty sure that is it the question did not make sense though
Answer:
.....
Step-by-step explanation:
i think 1.6.
is it correct?
Answer:
<h2>182.91 %</h2>
Step-by-step explanation:
<h3>spoiler alert: its 182.91 %</h3>
