ita 3 fiths x plus three eigths
40.000 in 7 year the company deposit money
Answer:
$80
Step-by-step explanation:
From the question, we are given The simple interest formula as I = Prt,
where l = simple interest on an amount= $40
t= years=5years
at a rate r= 10%
The rate= 10/100= 0.1
Then since we are looking for P, we can make P subject of formula from this expression;
I = Prt
P=I/rt
P= 40/(0.1 ×5)
P= 40/0.5
P= 80
therefore, the amount of money p that is needed is $80
I'm not good at math i cant help
