jonathanj456 jonathanj456
  • 24-07-2017
  • Mathematics
contestada

Felicia invested money at an interest rate of 4%. After six months, she had earned $90.00 interest. How much money did Felicia invest?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 24-07-2017
The formula is
I=prt
I interest earned 90
P amount invested?
R interest rate 0.04
T time 6/12
Solve the formula for p
P=I÷rt
P=90÷(0.04×(6÷12))
P=4,500 ....answer
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lilymaes012
lilymaes012 lilymaes012
  • 24-04-2020

Answer:

the answer is 4500 i got it right

Step-by-step explanation:

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