Interest = Principle*Rate*Time
$2358 = Principle*(0.0655)*(2 years)
$2358 = Principle*(0.131)
Solve for Principle
Adam T.
asked • 10/15/14I need help with the question
Two years after opening an account that paid simple interest of 6.55% annually, a depositor withdrew the $2,358 in interest earned. How much money was left in the account?
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