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16.07.2020 •
Mathematics
In 12 years, a bond with a 6.35% annual rate earned $7620 as simple interest. What was the principle amount of the bond
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Ответ:
The principal amount is $10160
Step-by-step explanation:
Given; Simple interest, I = 7620
Rate, R = 6.25
Time, T = 12
Principal, P =?
The formula for simple interest, I is;
Making P the subject of formula;
Therefore, the principal amount is $10160
Ответ:
change ur color theme to blue
Step-by-step explanation: