Raymond B. answered 08/07/23
Tutor
5
(2)
Math, microeconomics or criminal justice
x(1.2) = 320
x = 320/1.2 = 80/.3 =$ 266.67
Bryjaun R.
asked 09/28/20What amount of money is necessary to be invested at 5% simple interest to yield $320 in interest after 4 years?
Raymond B. answered 08/07/23
Math, microeconomics or criminal justice
x(1.2) = 320
x = 320/1.2 = 80/.3 =$ 266.67
Get a free answer to a quick problem.
Most questions answered within 4 hours.
Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.