Register
Find Joe's initial principal if he had $2,145 in interest over 4 years at an interest rate of 5.5%
286,061 views
8 votes
8 votes
Find Joe's initial principal if he had $2,145 in

interest over 4 years at an interest rate of 5.5%

User Don Wilson
by
2.5k points

2 Answers

29 votes
29 votes

Answer:

see the screenshot below

Explanation:

Find Joe's initial principal if he had $2,145 in interest over 4 years at an interest-example-1
User Rafalmag
by
3.2k points
20 votes
20 votes
His final balance is $2,671.49.
And the total interest is $526.49
User Elton Saunders
by
3.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

Can anybody tell me what’s going on here?
Granola costs $1.76 per pound. Write and solve an equation to determine the number of pounds p of granola that can be purchased with $7.04. The equation is: The value of x is
Evalute 8a -1+0.5b when a =1/4 and b= 10 how dose this work i need help..
PLZ needed now plz URGENT!
HELP PLEASE, I NEED THE ANSWER QUICKLY
Link Copied!