jennifernguyen546 jennifernguyen546
  • 03-10-2018
  • Mathematics
contestada

an investment earns 5% simple interest. what amount of principal is need to have $2500 after 4 years? round your answer to the nearest cent

Respuesta :

sarahback123 sarahback123
  • 03-10-2018
you would use the formula I=prt which means I=.05•2500•4 which equals 500 and that is your intrest
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