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if you earned a 12.50 in simple interest over 6 months in a account with 5% simple interest rate, how much principle did you initially invest​
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if you earned a 12.50 in simple interest over 6 months in a account with 5% simple interest rate, how much principle did you initially invest​

if you earned a 12.50 in simple interest over 6 months in a account with 5% simple-example-1
User Hcabnettek
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Answer:

Simple interest is money you can earn by initially investing some money (the principal). A percentage (the interest) of the principal is added to the principal, ...

Explanation:

User Bhavya Joshi
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