SOLUTION: Principal ? Interest 5.50% rate Time 3 1/4 Simple interest 310$ solve for interest
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Question 1037744
:
Principal ?
Interest 5.50%
rate Time 3 1/4
Simple interest 310$
solve for interest
Answer by
addingup(3677)
(
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You say "solve for interest" I think you meant "solve for principal".
310=x(0.055*3.25)
310 = x*0.17875
310/0.17875 = x
x = 1,734.27