sharah42 sharah42
  • 05-05-2021
  • Mathematics
contestada

What is the principal if...
Rate = 22%
Time
1 year
Interest = $110

What is the principal if Rate 22 Time 1 year Interest 110 class=

Respuesta :

MissAmelia77 MissAmelia77
  • 05-05-2021

Answer:

P = $500

Step-by-step explanation:

SI = P×R×T/100

P = (SI × 100)/R×T

P = 110×100/22×1

= $ 500

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