Seudónimo Seudónimo
  • 26-02-2021
  • Mathematics
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Some money was invested at 12% interested for 2 years. If the interest was $21, how much was invested?

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PineappleLadyx
PineappleLadyx PineappleLadyx
  • 26-02-2021

Answer:

$87.5 was invested

Step-by-step explanation:

10.5 is 12% of 87.5, so if the money was in the bank for 2 years, we would have to do 10.5*2 which is 21, and that's how much money was gained from the investment.

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