Numbers3v3n77 Numbers3v3n77

19-10-2020
Mathematics

contestada

I need help ASAP
what is the principal if the interest earned is $22 the simple annual interest rate is 2% and the time is one year

Respuesta :

irelyncomfort irelyncomfort

20-10-2020

Answer:

1,100

Step-by-step explanation:Well first find the principal first Multiply the rate 0.02 by the time 1 year this gives us 0.02 then divide the interest ($22) by 0.02 then you get $1,100

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Jadawall Jadawall

05-11-2021

Answer:

not 1,100 its 1100

Step-by-step explanation:

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