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Joy invests $13,000 into an account at an annual rate of 0.6% simple interest for 24 months. what is the principal?

Joy invests $13,000 into an account at an annual rate of 0.6% simple interest for 24 months. what is the principal?
asked 217k views
5 votes
Joy invests $13,000 into an account at an annual rate of 0.6% simple interest for 24 months. what is the principal?

asked
User Lordvlad
by
8.8k points

2 Answers

4 votes

Answer:

Principle =$13000

Explanation:

answered
User Jacob Bruinsma
by
7.9k points
3 votes

Answer:

I would think the principal is $13,000

Explanation:

answered
User Vandesh
by
7.7k points
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