OpenStax, Prealgebra 2e §6.4 Solve Simple Interest Applications · Exercise 16 · Algebra · Algebra word problems

Solve Simple Interest Applications · Exercise 16

Solve the problem using the simple interest formula.

Find the principal invested if $\$ \text{636}.\text{84} $in t er es tw a se a r n e d in$ 6 $y e a r s a t anin t er es t r a t eo f$ \text{4}.\text{35}\%.$

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OpenStax, Prealgebra 2e · §6.4 Solve Simple Interest Applications · Exercise 16

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