Please help me with this question on my homework. I've been stuck for a while

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asked Jun 25, 2023 131k views

5 votes

Please help me with this question on my homework. I've been stuck for a while

Mathematics
high-school

Vladislav Orillo asked

by Vladislav Orillo

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1 Answer

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$~~~~~~ \textit{Simple Interest Earned} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\dotfill & \$360\\ P=\textit{original amount deposited}\\ r=rate\to 6\%\to (6)/(100)\dotfill &0.06\\ t=years\dotfill &8 \end{cases} \\\\\\ 360 = (P)(0.06)(8)\implies \cfrac{360}{(0.06)(8)}=P\implies 750=P$

Fkl answered Jun 29, 2023

by Fkl

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