-When invested at an annual
interest rate of 7% an account
earned $581.00 of simple
interest in one year. How much
money was originally invested in
account

Answers

Answer 1

Answer:

$8300

Step-by-step explanation:

First, you need to know the formula for this type of question.

The formula is I = Prt. These variables are: I = Interest, P = Principle investment, r = Rate, and t = Time.

Your equation will be 581 = P(0.07)(1), since 0.07*1 is 0.07, you'll earn only 7% interest.

So, we broke down the equation to 581 = P(0.07), and you have to isolate P.

Since you have to isolate P, you divide 0.07 from both sides of the equation, which is 581/0.07 = 8300.

So, your principle investment is $8300.

Good luck!


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Answers

Answer:

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Step-by-step explanation:

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Answers

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Answers

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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If AABC ~ AZXY, A = 60°, and B = 85°, what is Y?
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Answers

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

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Answers

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Answer:

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Step-by-step explanation:

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Answers

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Step-by-step explanation:

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Answers

Refer to the attachment

A hiker drops a pebble from a bridge 240 feet above a canyon. The polynomial
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Answers

Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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Answers

Answer:

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Answers

Answer:

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Answer:

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Answers

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Answers

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<

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Answers

Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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Answers

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