In 5 years, a bank account with a 4.5% annual interest rate earned $3,375 as simple interest. what was the principal amount of the account.

$15000

Step-by-step explanation:

The formula to calculate the simple interest is given by :-

, where P is the principal amount , r is the rate of interest and t is the time period.

Given: Interest amount = $3,375

Rate of interest = 4.5%=0.045

Time period = 5 years

Let P be the principal amount, then we have

Hence, the principal amount of the account was $15000.

step-by-step explanation:

this is not possible to solve with the info given.   you need at least an one angle somewhere.

96 39 cause 135 -96=39 im smart (i used a calculater)