Hanna puts $4,383 in a savings account with an annual interest rate of 5.2 percent for 3 years. Into which variable should she substitute 4,383 in the simple interest formula ?<…

Question

asked Jan 18, 2021 50.7k views

1 Answer

Astrom · Answer 1 · 2021-01-22T06:28:20+0000

Answer:

4833 is the principal (p)

Explanation:

I = prt .... i: interest p: principal r: rate t: time

$4833 is the principal (p)