josiemesivi josiemesivi
  • 25-04-2022
  • Mathematics
contestada

Imani earned $48 in interest after two years on an account that paid 8% simple interest annually. Use the formula I = Prt to find Imaríi's principal balance.
$30.00
$76.80
$300.00
$768.00

Respuesta :

sujalpun324 sujalpun324
  • 25-04-2022

Answer:

I=$48

t=2 years

r=8%

Principal=(I×100)/(t×r)

($48×100)/(2×8)

$4800/16

$300

Answer Link
lexiee1027 lexiee1027
  • 25-04-2022
Answer : 300 :) hope this helps
Answer Link

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