Register

Find the principle if the rate is 8% interest is $200, and the time is 4 years

Find the principle if the rate is 8% interest is $200, and the time is 4 years
asked 229k views
2 votes
Find the principle if the rate is 8% interest is $200, and the time is 4 years

asked
User Nader Magdi Mahfouz
by
8.2k points

2 Answers

4 votes
The answer is 625 I think
answered
User Cloudcop
by
8.5k points
3 votes
As I=PRT/100 200×100=Px8x4 so 20000/32=Principal so Principal =625
answered
User Nils Weinander
by
8.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!