SOLUTION: Katerina inherited some money and invested it at 6% simple interest. At the end of the year, the total amount of her original principal and the interest was $12,720. How much did

Algebra ->  Human-and-algebraic-language -> SOLUTION: Katerina inherited some money and invested it at 6% simple interest. At the end of the year, the total amount of her original principal and the interest was $12,720. How much did       Log On


   



Question 307988: Katerina inherited some money and invested it at 6% simple interest. At the end of the year, the total amount of her original principal and the interest was $12,720. How much did she originally invest?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
12720/1.06=12000