Rich deposited money into a bank account that earned 2.5% simple interest each year. After 2 years, he had earned $14.65 in interest on the account. No other money was deposited into or withdrawn from the account.
How much was his initial deposit?
Answers
Answered by
10
Answer:
A=P{1+r/100)^n
Step-by-step explanation:
14.65=p{1+2.5/100}2
after doing this u will get answer
Answered by
2
Answer:293
Step-by-step explanation:
i took the test
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