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Andrews [41]
1 year ago
8

Trevor has an investment worth $6,774.50. He made his only deposit in it 22 years ago. Given that the investment yields 2.7% sim

ple interest annually, how big was the initial deposit?
a.
$2,524.50
b.
$4,024.03
c.
$4,250.00
d.
$11,404.88
Mathematics
2 answers:
erica [24]1 year ago
5 0

simple interest =principal *rate *time over 100

6774.50*2.7/100*22=4024.03

Anon25 [30]1 year ago
5 0

Answer:

it b

Step-by-step explanation:

have a great day "-"

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