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Sagot :
The amount of Rita deposit is $2556.
What is Simple Interest ?
The interest calculated on the principal amount or the initial investment.
It is given in the question
If Rita receives $63.90 Interest for a deposit earning 6% simple interest for 150 days.
P = ?
S.I. = $63.90
Interest = 6%
T = 150days
S.I. = (P *R*T)/100
63.90 = P * 6 * 150*100 /360
63.90 * 360*100 /( 150 *6) = P
P = $2556
Therefore the amount of Rita deposit is $2556.
To know more about Simple Interest
https://brainly.com/question/22621039
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