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geniusboy [140]
2 years ago
9

Help please thankssssssssssssss

Mathematics
1 answer:
Sidana [21]2 years ago
4 0

9514 1404 393

Answer:

  C)  $3572

Step-by-step explanation:

The simple interest formula is ...

  I = Prt

where P is the amount invested at annual rate r for t years.

To find the value of P, we can divide by rt:

  P = I/(rt)

Filling in the given information, we have ...

  P = $500/(0.035×4) = $500/0.14 ≈ $3572

$3572 must be invested to earn $500 interest in 4 years.

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