mrsjaymojr1 mrsjaymojr1

24-06-2020
Mathematics

contestada

i = $125 r = 6% t = 1

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09pqr4sT 09pqr4sT

24-06-2020

Answer:

[tex]\$ 117.92[/tex]

Step-by-step explanation:

Use simple interest formula.

[tex]I = P (1 + rt)[/tex]

[tex]125 = P (1 + 0.06(1))[/tex]

[tex]125 = P (1.06)[/tex]

[tex]125/1.06=P[/tex]

[tex]117.924528=P[/tex]

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