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You made $8500 in simple interest over 4 years at 2%. How much did you initially put in?
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You made $8500 in simple interest over 4 years at 2%. How much did you initially put in?

User Abderrazak BOUADMA
by
7.6k points

2 Answers

3 votes
106250 is your answer
User Addicted
by
8.0k points
3 votes

Answer:

106250

Explanation:

P = 8500x100/4x2

P = 850000/8

P = 106250

User Patrick Obafemi
by
8.0k points
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