Question 1112209
Find the principal which amounts, at simple interest, to $729 in 4 years at 2% per annum
<pre>How can a PRINCIPAL amount be over 12 times the future/accumulated value? That's TOTALLY RIDICULOUS.
In other words, it can never, in a million years, be over $9,000, as someone stated.
The correct answer is {{{highlight_green("$675")}}}