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Tyrone invested money for 3 years at 5% interest. If the interest paid was $60, how much money was invested? What was the total in the account after 3 years?

Tyrone invested money for 3 years at 5% interest. If the interest paid was $60, how much money was invested? What was the total in the account after 3 years?
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Tyrone invested money for 3 years at 5% interest. If the interest paid was $60, how much money was invested? What was the total in the account after 3 years?

Tyrone invested money for 3 years at 5% interest. If the interest paid was $60, how-example-1
User Nico Andrade
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Answer:

He invested $1200 and had a balance of $1260 after 3 years.

User Agrejus
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