scarfacemoo855 scarfacemoo855
  • 26-05-2021
  • Mathematics
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If your initial principal is $243 and your principal in 2 years is $1,359.19, how much interest did you earn?

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Parrain
Parrain Parrain
  • 27-05-2021

Answer: $1,116.19

Step-by-step explanation:

If you invested $243 and this increased to $1,359.19 in two years, the difference between your investment and its current worth is the interest:

= Current principal - Initial principal

= 1,359.19 - 243

= $1,116.19

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