halimoandullahi09 halimoandullahi09
  • 04-05-2020
  • Mathematics
contestada

What principal amount would yield an interest of $36 in 3 years at 3%?
P=

Respuesta :

walala4324
walala4324 walala4324
  • 04-05-2020

Answer: Let principle sum be x

Time = 3 years

Rate = 3% per annul

SI = $36

SI =  \frac{P*R*T}{100}  

36 =  \frac{x*3*3}{100}  

x = 36* \frac{100}{9}  

x = 400

So the sum that would yield interest of $36 is $400

Step-by-step explanation:

Answer Link

Otras preguntas

Which of these is a property of liquids? I. viscosity II. surface tension III. volatility I and II II and III I and III I, II, and III
The formula for electrical power is p=iv Which is the equivalent equation solved for i?
The fact that category-specific brain deficits have been observed in a 16-year-old boy who suffered a stroke one day after he was born suggests that: a
Why are thunderstorms so common?
A sealed beaker of what you are told is aqueous nickel sulfide was given to you by the local chemist and you put it on the window sill. after a few days, you no
What is it equal to?
What are the different types of sensory receptors labeled in the diagram below?
what is 475 divided by 15,000
how to take a picture and get an answer
the lowest-pitched sounds humans can generally hear have a frequency of roughly 20 Hz. What is the approximate wavelength of these sound waves if their wave spe