If the balance at the end of eight years on an investment of $230 that has been invested at a rate of 3% is $285.20, how much was the interest

The interest that is obtained from that investment is $55.2

Step-by-step explanation:

If the balance at the end of eight years on an investment of $230 that has been invested at a rate of 3% is $285.20, so the principal of investment is $230 and the matured sum is $285.20.

Now, we know that Principal + Interest = Matured sum.

Hence, the interest that is obtained from that investment is $(285.2 - 230) = $55.2 (Answer)

The interest credited after investment is $55.2

Step-by-step explanation:

Given as :

The investment principal amount = p = $230

The Amount after 8 years of investment = A = $285.20

The Time period for investment = 8 years

The rate of interest applied = r = 3%

Let The interest credited after investment = I

Now, According to question

From Compound Interest

Amount = Principal ×

And Interest = Amount - Principal

Or, I = A - p

Or, I = $285.20 - $230

∴   I = $55.2

So, The interest credited after investment = I = $55.2

Hence, The interest credited after investment is $55.2 Answer

answer: the answer is 5/22

step-by-step explanation: if you subtract 17 from 22 the answer is 5 therefore the remainder of students are female

the solution is x=1

step-by-step explanation:

we are given our   equation as

let's assume

left side function is

right side function is

now, we can draw graph

and then we can get intersection point

the intersection point will be solution

so, the solution is

x=1