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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?

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?
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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?

User JuFo
by
8.1k points

2 Answers

1 vote
20,000 is your answer best of luck
User Jessica Brown
by
8.2k points
6 votes

20000 your welcome

need help ask me

User Vigamage
by
7.9k points
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