After 5 years, Mike's account earned $1200 in interest. If the interest rate (in decimal form) is 0.06, how much did Mike initially invest?

Step 2 of 3 : Without substitution, solve the formula chosen in the previous step for the unknown variable in terms of the known variable(s).

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amauris77748

18.12.2020

Mathematics

And where is the graph? I'll change my answer.

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After 5 years, Mike's account earned $1200 in interest. If the interest rate (in decimal form) is 0.06, how much did Mike initially invest? Step 2 of 3 : Without substitution, solve the formula chosen in the previous step for the unknown variable in terms of the known variable(s).