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Today, 10:46

Nadal invests $5678 at an annual interest rate of 4.5% for 6 years. For which variable can nadal substitute the value 5678 in the simple interest formula?

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  1. Today, 14:19
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    the variable representing the principal amount invested

    Step-by-step explanation:

    The name of the variable representing the amount invested will depend on the formula you use. Often, it is given the name P, as in ...

    A = P (1 + rt)

    5678 can be substituted for P.
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