hey9691
hey9691 hey9691
  • 26-02-2019
  • Mathematics
contestada

after 6 years an account that earns 5% simple intrest has earned $480 in intrest. How much is the initial deposit?​

Respuesta :

Meowmerian
Meowmerian Meowmerian
  • 26-02-2019

plug in your values into

I = PRT

480 = P(.04)(6)

solve for P

check your answer by finding the interest.

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