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OpenStudy (anonymous):
Kate earned $1800 in 8 years on an investment at a 5% annual simple interest rate. How much did Kate invest?
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OpenStudy (anonymous):
@ganeshie8 @Abhisar @One098
razor99 (razor99):
Do u know the formula
razor99 (razor99):
to calculate simple interest
OpenStudy (anonymous):
no :(
razor99 (razor99):
|dw:1418398757717:dw|
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razor99 (razor99):
P is principal R is rate t is time
razor99 (razor99):
therefore
OpenStudy (anonymous):
im still kind of confused.
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