Katie earned $1890 in 7 years on an investment at a 6% annual simple interest rate.
How much was Katie's investment?
$793.80
$945
$4500
$9000

Question

pineapplekakes pineapplekakes

28-04-2020
Mathematics

contestada

Katie earned $1890 in 7 years on an investment at a 6% annual simple interest rate.
How much was Katie's investment?
$793.80
$945
$4500
$9000

Respuesta :

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louiscimino louiscimino · Answer 1 · 2020-04-28T21:08:53+02:00

louiscimino louiscimino

28-04-2020

Her investment was $4500. To get this, you take 1890 and divide it by 7, giving you 270. This is 6% of 4500. To prove this, you would multiply 4500 by .06, giving the answer of 270, which can then be multiplied by 7 (years) to equal $1890.

Answer Link

lily2707 lily2707 · Answer 2 · 2020-04-28T21:10:22+02:00

lily2707 lily2707

28-04-2020

793.80
1890x6%=113.4
113.4x7=793.80

Answer Link

Katie earned $1890 in 7 years on an investment at a 6% annual simple interest rate. How much was Katie's investment? $793.80 $945 $4500 $9000

Respuesta :

Otras preguntas

Katie earned $1890 in 7 years on an investment at a 6% annual simple interest rate.
How much was Katie's investment?
$793.80
$945
$4500
$9000