document.write( "Question 85372: Business and finance. Use the simple interest formula to find the principal if the total interest earned we $150 and the rate of interest was 4% for 2 years. \n" ); document.write( "
Algebra.Com's Answer #61568 by scianci(186) ![]() You can put this solution on YOUR website! I = prt \n" ); document.write( "150 = P(.04)(2) \n" ); document.write( "150 = .08P \n" ); document.write( "P = 150/.08 = $1,875 \n" ); document.write( " |