If you received $175.84 on $314 invested at a rate of 7%, for how long did you invest the principle?

8 years

Step-by-step explanation:

Use formula

where

I = interest

P = principal

r = rate (as decimal)

t = time

In your case,

I = $175.84

P = $314

r = 0.07, then

Problem: 4/5, which is 4 / 5.

Step-by-step explanation:

To solve this problem, we must divide 4 and 5.

4 / 5 = 0.80

0.8, 4/5.

Another way is to change 4/5 into a Decimal.

It's 0.8 because Four (Fifths), If you multiply 4 / 5, both terms by 2, you get 8/10 and you write it as a decimal of 0.8

Eight - Tenths.

Last Way:

Change into a decimal be comparing other fractions,

8/10 = 4/5 and 8 / 10 has a decimal of 0.8.

Hope this helps!!