Mathematics, 17.02.2021 01:00 ricardorendon100

Simple Interest formula: I = Prt where Interest earned (I) is equal to principal amount invested (P) times the interest rate (r) times the amount of time invested (t). How much did Michael invest if he earned $4,800 in interest over 6 years at 8%? Part A: Rearrange the formula for P. Part B: Use the formula from Part A to find Michael's principal investment amount (P). Need answer ASAP

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Simple Interest formula: I = Prt where Interest earned (I) is equal to principal amount invested (P)...