What is the principal if… Rate = 22% Time 1 year Interest = $110

Question

What is the principal if…
Rate = 22%
Time
1 year
Interest = $110

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Philomena 1 month 2021-08-08T17:09:13+00:00 1 Answers 3 views 0

Answers ( )

    0
    2021-08-08T17:10:24+00:00

    Answer:

    Interest=PTR/100

    110 =P×1×22/100

    11000=22P

    P=500

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