Simple interest formula
Interest = Pit = $50
P=principal (initial investment)
i=annual interest rate = 0.04
t=time in years = 6 months = 0.5 years
Substitute values,
$50 = P*0.04*0.5
Solve for P
P=$50/(0.04*0.5)=$2500
125,000 because you would round it up
5/8
6/3
7/10
These are all the answers 4/8 is 1/2 and 5/8 is over it there is no half of 3 but 6/3 is 2 and 2 is a whole number it's over 1/2
5/10=1/2 and 7/10 is over it 1/4 isn't an answer because 2/4=1/2 6/12=1/2 but it says over 1/2 and finally 5/12 isn't it because like I said above 6/12 is 1/2
