asked 196k views
4 votes
Aldo invested in a savings bond for 6 years and was paid simple interest at an annual rate of 4% the total interest that he earned was $192 how much did he invest

7TH GRADE MATH ALEKS FOR 20 POINTS

asked
User Yly
by
8.3k points

1 Answer

7 votes

Answer:

$723.66

Explanation:


x(1 + 4 {)}^(6) = x + 192


\boxed{\green{x = 723.66}}

answered
User AnL
by
8.4k points
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