Principal= ?
Rate= 5%
time= ?
Interest= $90
Amount= $1290
Find the time and principal
( note time should equal 1.5 year)
Answers
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Step-by-step explanation:
A = ( P + SI)
1290 = (90 + P)
so, P = 1290 - 90 = 1200
SI = p r t /100 = 1200 5/100 * t = 90
so, t = 90 * 100/5 * 1/1200
so, t = 1.5
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