crystalryan5218 crystalryan5218
  • 10-04-2021
  • Mathematics
contestada

After 5 years, Marcel's account earned $900 in interest. If the interest rate (in decimal form) is 0.06, how much did Marcel initially invest?

Respuesta :

jeremiahkevinm
jeremiahkevinm jeremiahkevinm
  • 10-04-2021

Answer:

$3000

Step-by-step explanation:

I= PRT÷100

where,

I = interest = 900

T= 5

R/100 = 0.06

P = ?

I= PRT/100

900= P × 5 × 0.06

P = 900÷ 0.3

P= 3000

Answer Link

Otras preguntas

True False: A helping verb is an auxiliary verb that helps the main verb express action or a state of being.
Why is it not appropriate to define performance only in terms of results, and not also behavior?
The slope of a line through two points is measured by the ratio of _____ change to ______ change.
What are the two basic types of movement that we see on screen?
what is the answer to 173,249 + 56,245
A patient with chronic acquired immunodeficiency syndrome (aids) is taking antiretroviral therapy (art) as well as medication for tuberculosis. what does the nu
The product of two numbers is −72. One of the factors is −9, what is the other factor?
Look at the sentence and add the missing adjective: Elle est Intelligent Jolis Snob Petit
In what crucial aspect did the constitution improve upon the failed articles of confederation?
Which of these pairs of elements is very likely to form a covalent bond?