Jeonjungkookswifey Jeonjungkookswifey

18-02-2021
Mathematics

contestada

Find Principal when Time = 5 years, Interest - $ 500; Rate = 5%

Respuesta :

clarch19 clarch19

18-02-2021

Answer:

P = $2,000

Step-by-step explanation:

Interest = Principal x Rate x Time

500 = P(.05)(5)

500 = .25P

P = 500/.25

P = 2000

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