Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.
Sagot :
Step 1:
Write the interest formula
[tex]\begin{gathered} \text{I = Prt} \\ I\text{ = \$72} \\ r\text{ = 6\% = }\frac{6}{100}\text{ = 0.06} \\ t\text{ = 6 months = }\frac{6}{12}\text{ = 0.5} \end{gathered}[/tex]Step 2:
Substitute in the formula to find P
[tex]\begin{gathered} 72\text{ = P }\times\text{ 0.06 }\times\text{ 0.5} \\ 72\text{ = 0.03P} \\ P\text{ = }\frac{72}{0.03} \\ \text{P = \$2400} \end{gathered}[/tex]Final answer
P = $2400
Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.
