Question

Interest earned: $27

Principal: ?
Interest Rate: 1.5%
Time: 2 years
(Please find the principal and explain how you got it, thanks!)

Answer 1

First you plug in your information in to Interest=Principle*Rate*Time so I=p*r*t from there you do order of operations and try to get P alone and end up with 900 as the Principle btw when you are solving the equation you turn the rate from percent to decimal