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Finley Lemure earned $200 in simple interest in 6 months at an APR of 4%. How much money did she invest? (Hint: Use the formula I = prt and substitute known values to find p.)

Finley Lemure earned $200 in simple interest in 6 months at an APR of 4%. How much money did she invest? (Hint: Use the formula I = prt and substitute known values to find p.)
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Finley Lemure earned $200 in simple interest in 6 months at an APR of 4%. How much money did she invest? (Hint: Use the formula I = prt and substitute known values to find p.)

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User Ivanicus
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1 Answer

2 votes

$10,000

I hope it helps

answered
User Trein
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