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Jenna earned $36 in interest after saving her money for 2 years at a simple annual interest rate of 3%. How much did she originally deposit?

Jenna earned $36 in interest after saving her money for 2 years at a simple annual interest rate of 3%. How much did she originally deposit?
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Jenna earned $36 in interest after saving her money for 2 years at a simple annual interest rate of 3%. How much did she originally deposit?

User Gyan Veda
by
7.7k points

2 Answers

3 votes

Answer:

216

Explanation:

User Staafl
by
7.8k points
4 votes
P=i/rt
P=36/0.03*2=600
User Stam
by
8.2k points
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