Answer:
Multiply the Rate by the Time
Explanation:
Hiya! So you would multiply R(rate) by T(time) Then you would divide by I(interest) and you should get your answer for P(principle)
Ex 24= P x 0.04 x 3 0.04 x 3= 0.12 24 divided by 0.12 = 200 So 200= P
(4%)
Hope this helped you!