Ethyl and Henry Ross earned $ 211.11 in simple interest in 3 years at an annual interest rate of 3.1%. How much money did they invest to the nearest dollar?

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asked Oct 9, 2016 5.8k views

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Ricky Sahu · Answer 1 · 2016-10-11T16:28:20+0000

Answer:

$2270

Explanation:

they want to know what the initial investment was, not how much interest the $211 or whatever would make. so they made 211 or so in interest because they invested 2270

Ethyl and Henry Ross earned $ 211.11 in simple interest in 3 years at an annual interest rate of 3.1%. How much money did they invest to the nearest dollar?

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