A = Pe^rt
Amount of interest paid = Principal*e^ (rate*time)
(The rate must be in decimal form)
3.15% / 100 = .0315
1,512 = P[e^(.0315*12)]
1,512 / e^(.0315*12) = P
1036.06 = P
$1036.06 was the Principal
** I left that value unrounded to the hundreds place because one doesn’t round with money. :)
Good luck!
Radius of circle would be R=a×✓2/2=√2 and Circle area is then A=R^2π=✓2^2π=2π or 2×3.14=6.28...
Solution
For this case we can create the following schema
We can use the definition of distance:
x= vt
We can find the relative velocity:

And the distance between both is required to be 2 mi so then we can find the time like this:

Then the answer is:
1 hr