Question 2 What was the principal if you have an annual interest rate of 2.9% and you earned $290 in simple interest in one year? Group of answer choices $100,000 $10,000 $9,950 $13,540

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 14E
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Question 2
What was the principal if you have an annual interest rate of 2.9% and you earned $290 in simple interest in one year?
Group of answer choices
$100,000
$10,000
$9,950
$13,540
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