Sagot :
Answer:
$500
Step-by-step explanation:
Intrest = P. A * Intrest Rate * Time
Time = 1 year, Intrest Rate = 9%, P. A. is what we need to find, Intrest is 45
45=x*9/100*1, x=500
Answer:
500
Step-by-step explanation:
I = PRT where I is the interest, P is the amount invested, R is the rate and T is the time
We want 1 year at 9% to get 45 dollars in interest
45 = P ( .09) (1)
45 = .09P
Divide each side by .09
45/ .09 = P
500 =P