Problema Solution
if an account earned 143.86 over 51 mos at .25% interest, how much was the principal
Answer provided by our tutors
P = the principal
r = .25% annual interest
t = 51/12 years
I = 143.86 the interest
I= P*r*t
P*0.25*(51/12) = 143.86
by solving we find
P = $135.398
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