Greg earned $340 interest after 5 years at an interest rate of 7%. What was in initial investment?

asked Dec 16, 2022 39.7k views

16 votes

by Pauan

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6 votes

The correct answe is 97.14

Jlengrand answered Dec 17, 2022

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12 votes

7x14=98

340x14=4760

4760 is 98% of his initial investment

48.57 is 1% x 2 is 2%

the answer is 97.14

Ronald Randon answered Dec 22, 2022

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