Question

how much would Adam have to deposit in a savings account to earn $100 in intrest over 4 years at 5% simple annual intrest rate?

Answer 1

\[SI = \frac{ P \times R \times T }{ 1000 }\]

Answer 2

SI = Simple Interest
P=Principal (the money Adam would have to deposit in his savings account)
R=Rate
T=Time

Answer 3

^^^^

Answer 4

i need help!!!!!

Answer 5

$500