Respuesta :
I=PRT
I=interest
P=amount invested
R=rate in decimal
T=time in years
given
I=36.40
P=?
R=6.5%=0.065
T=3 and 1/2 or 3.5
so
36.4=?*0.0625*3.5
36.4=?*0.2275
divide both sides by 0.2275
160=?
the initial deposit was $160
I=interest
P=amount invested
R=rate in decimal
T=time in years
given
I=36.40
P=?
R=6.5%=0.065
T=3 and 1/2 or 3.5
so
36.4=?*0.0625*3.5
36.4=?*0.2275
divide both sides by 0.2275
160=?
the initial deposit was $160