Question

I need help ASAP
what is the principal if the interest earned is $22 the simple annual interest rate is 2% and the time is one year​

Answer 1

Answer:

1,100

Step-by-step explanation:Well first find the principal first Multiply the rate 0.02 by the time 1 year this gives us 0.02 then divide the interest ($22) by 0.02 then you get $1,100

Answer 2

Answer:

not 1,100 its 1100

Step-by-step explanation: