Rebecca earned $115 in simple interest for 8 months at an annual interest rate of 3%. How much money did she start with in her account?

asked Nov 7, 2023 161k views

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3 votes

Yes like he said the answer is 5750$

Alex VII answered Nov 8, 2023

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Answer:

$5750

Explanation:

For simple interest,

I = prt

115 = p × 0.03 × 8/12

p = 5750

Hadja answered Nov 13, 2023

by Hadja

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