smartunicorn smartunicorn

08-12-2016
Mathematics

contestada

Please help! After five years of earning interest at an annual rate of 4%, an investment has earned $1,200 in interest. Determine the amount of the initial investment. Show all work for full credit.

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Aliwohaish12 Aliwohaish12

08-12-2016

I=prt,,,1200=5*0.04 p,,p=6000

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