contestada

How much was deposited in the account if the amount in the
account after 6 years is $17.70 and the interest rate is 3%?
15

Respuesta :

fieryanswererft

Answer:

$98.33 was deposited in the account

Step-by-step explanation:

simple interest formula = (PRT)/100 ...where p is money, r is rate, t is time

using formula  $17.70 = (P *  3% * 6)/100

                         P = 1770/18

                         P = $98.33