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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? I think it's 720
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OpenStudy (anonymous):
Use the equation: I = prt I = (1800)(0.05)(8) Multiply those three
OpenStudy (anonymous):
@Im_a_BANANA so your answer is ____
OpenStudy (anonymous):
0.16
OpenStudy (anonymous):
no wait 720
OpenStudy (anonymous):
Yes!! so you were right but now you now how to do it. Good job
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