Two years and nine months after investing money, a retired couple received a check amounting to P 30 827.50 in simple interest. Find the amount of money they invest if they are given 5.9% annual rate. P
Two years and nine months after investing money, a retired couple received a check amounting to P 30 827.50 in simple interest. Find the amount of money they invest if they are given 5.9% annual rate. P
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.40TI: Susana invested a principal of $36,000 in her bank account with interest rate 6.5%. How much...
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Business Finance,thank you.
Transcribed Image Text:31.
Two years and nine months after investing money, a
retired couple received a check amounting to P 30
827.50 in simple interest. Find the amount of money they
invest if they are given 5.9% annual rate.
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