87.6k views
1 vote
If a man earns $420 interest in one year at 7%, what was the amount of money invested?

User Exist
by
7.7k points

1 Answer

2 votes
Let's assume the amount invested = x
x * 7/100 = 420
x = 42000/7
x = 6000 dollars
User MaNKuR
by
8.1k points