halimoandullahi09 halimoandullahi09
  • 04-05-2020
  • Mathematics
contestada

What principal amount would yield an interest of $36 in 3 years at 3%?
P=

Respuesta :

walala4324
walala4324 walala4324
  • 04-05-2020

Answer: Let principle sum be x

Time = 3 years

Rate = 3% per annul

SI = $36

SI =  \frac{P*R*T}{100}  

36 =  \frac{x*3*3}{100}  

x = 36* \frac{100}{9}  

x = 400

So the sum that would yield interest of $36 is $400

Step-by-step explanation:

Answer Link

Otras preguntas

I need help with my homework :/
which of the following is a true statement? A. All squares are rectangles B. All rectangles are squares C. All rhombuses are squares
When is thermal equilibrium achieved between two identical objects? A. when one object is colder than the other B. when one objects is hotter than the other C.
HELP PLZ!!! LOTS OF POINTS Convert each angle measure into degrees 7.51(convert this into degrees with explanation please :D)
What were the Cold War fears of the American people in the aftermath of the Second World War? How successfully did the administration of Dwight D. Eisenhower ad
The Continental Congress hotly debated all these issues EXCEPT (A) representation (B) taxation (C) supreme power (D) western lands
What is 0.125 rounded to the nearest hundredth
if 5y = 1 over 25, what is y?
Is little available food a characteristic of Athens, Sparta, or both?
if 1 is a solution to g(x)=0 what I'd the other solution