An investment earned $11.25 interest after 9 months. The rate was 5% . what was the principal help me please;)

Rhowell asked Apr 17, 2023

476,221 views

25 votes

An investment earned $11.25 interest after 9 months. The rate was 5% . what was the principal

help me please;)

Rhowell asked Apr 17, 2023

2.8k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

18 votes

11.25=0.05*9x/12
300=x

Step by step explanation This is how I got the answer to your question and I gave you the solution I hope this helps you out

Pappus answered Apr 21, 2023

3.4k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers