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

22=-11k help solve problem
The term Aryan originally referred to a people group in what region?
Which blood type could be given as a transfusion for patient with AB blood when the RH factor is unknown? O+ A+ AB+ AB–
Sam has traveled 33 miles and knows that 55% of his trip is complete.How many total miles is Sam's trip?
What is the slope-intercept equation of the line if the y-intercept= (0,2) and the slope= -1/4 ?
how do I find when two quadratic functions are at the same point by using the substitution method. here are the two equations: y=-16x^2+150x+5 and y=54x+5 where
what are different types of ratios
Which value of x makes the expression undefined 2x-32-x
Maritza's car has 16 gallons of gas in the tank. She uses 3/4 of the gas. How many gallons of gas does Maritza use?
Which number is a factor of both 20 and 35?