sycuantribe sycuantribe
  • 14-07-2022
  • Mathematics
contestada

Rebecca earned $115 in simple interest for 8 months at an annual interest rate of 3%. How much money did she start with in her account?

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mathstudent55
mathstudent55 mathstudent55
  • 14-07-2022

Answer:

$5750

Step-by-step explanation:

For simple interest,

I = prt

115 = p × 0.03 × 8/12

p = 5750

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gladjolajola gladjolajola
  • 14-07-2022
Yes like he said the answer is 5750$
Answer Link

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