Question

Mary invested in a certain amount of money in a savings account paying 2% simple interest per year. When she withdrew her money at the end of 3 years she recieved $180 in interest. How much money did Mary place in her savings account?

Answer 1

@retavius @Sambhavvinaykya

Answer 2

use the same formula
seee the values given let me help in that
R=%ge=2%
N=3years
here P is not given only Interest (I) is given as 180$
use the formula by subs. the values and finding unknown

Answer 3

I=(2*3*180)/100?????

Answer 4

no i said that p is not given only I is given but in previuos question i was not given only p was given

Answer 5

180=(2*3)

Answer 6

I forgpt to type p sorry

Answer 7

@Sambhavvinaykya

Answer 8

no
do u understrand now?