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Answered

he put some money in a saving accounts that paid 2.7% simple interest after a year, the account was worth p7,890.44 what was amount he originally deposit?​

Sagot :

JCUBEIN

Answer:

7683

Step-by-step explanation:

assuming that the age of the account is 1 year

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

[tex]Given:\\r=0.027\\A=7,890.44\\t=1\\P?\\7890.44=P[1+(0.027)(1)]\\P=7683[/tex]

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