Find the principal that will yield an interest of$367.50 in 9/2 years at 10/3 % per annum
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Intrest =prt /100
367.5=(p*10 /3*9/2)/100
367.5=p90/600
P=367.5*60)/9
=2190/9=2450
So principle =$2450
367.5=(p*10 /3*9/2)/100
367.5=p90/600
P=367.5*60)/9
=2190/9=2450
So principle =$2450
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