3 years ago

Aiden earned $50 in interest in six

Mathematics

2 answers:

Hunter-Best [27]3 years ago

7 0

9514 1404 393

Answer:

$2000

Step-by-step explanation:

The amount of interest is given by the formula ...

I = Prt

where P is the principal invested, r is the annual rate, and t is the number of years. Here, we want to find P when I = 50, r = 0.05, and t = 1/2.

50 = P(0.05)(1/2)

P = 50/(0.05·1/2) = 2000

Alden started with $2000 in his account.

notsponge [240]3 years ago

7 0

$2000
Hope this helps you
May God bless you and your family

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