erest rate of 7%, the amount earned 11,200 pesos of simple interest in 2 years and 9 months. How much money was

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.50TI: Susana invested a principal of $36,000 in her bank account that earned simple interest at an...
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when invested at annual interest rate of 7%, the amount earned 11,200 pesos of simple interest in 2 years and 9 months. How much money was originally invested?

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