If you received $3.33 on $61.66 invested at a rate of 0.9%, for how long did you invest the principal?

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Pat Capozzi asked Feb 21, 2023

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If you received $3.33 on $61.66 invested at a rate of 0.9%, for how long did you invest the principal?

Mathematics
middle-school

Pat Capozzi asked Feb 21, 2023

by Pat Capozzi

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9 votes

We invested about 0.54

Nithin Mohan answered Feb 23, 2023

by Nithin Mohan

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23 votes

Explanation:

compounded or not..? then you have to use the Financial maths formula

Justin French answered Feb 27, 2023

by Justin French

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