If you earned a 12.50 in simple interest over 6 months in a account with 5% simple interest rate, how much principle did you initially invest

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asked Sep 17, 2022 220k views

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Bhavya Joshi · Answer 1 · 2022-09-21T21:49:26+0000

Answer:

Simple interest is money you can earn by initially investing some money (the principal). A percentage (the interest) of the principal is added to the principal, ...

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If you earned a 12.50 in simple interest over 6 months in a account with 5% simple interest rate, how much principle did you initially invest

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If you earned a 12.50 in simple interest over 6 months in a account with 5% simple interest rate, how much principle did you initially invest​

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If you earned a 12.50 in simple interest over 6 months in a account with 5% simple interest rate, how much principle did you initially invest