Answered

IDNLearn.com: Your trusted platform for finding reliable answers. Join our community to receive prompt and reliable responses to your questions from knowledgeable professionals.

Please help me with this question on my homework. I've been stuck for a while

Please Help Me With This Question On My Homework Ive Been Stuck For A While class=

Sagot :

[tex]~~~~~~ \textit{Simple Interest Earned} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\dotfill & \$360\\ P=\textit{original amount deposited}\\ r=rate\to 6\%\to \frac{6}{100}\dotfill &0.06\\ t=years\dotfill &8 \end{cases} \\\\\\ 360 = (P)(0.06)(8)\implies \cfrac{360}{(0.06)(8)}=P\implies 750=P[/tex]

Your participation means a lot to us. Keep sharing information and solutions. This community grows thanks to the amazing contributions from members like you. Your questions deserve reliable answers. Thanks for visiting IDNLearn.com, and see you again soon for more helpful information.