An investment is made at 55 simple interest at the end of


An investment is made at 5.5% simple interest. At the end of one year the total of the investment is $3055. How much was originally invested? Please show calculations.

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: An investment is made at 55 simple interest at the end of
Reference No:- TGS0618777

Expected delivery within 24 Hours