After five years of earning interest at an annual rate of 4%, an investment has earned $1,200 in interest. determine the amount of the initial investment. show all work for full credit.

$6000

Step-by-step explanation:

Let recall

Given the formula I = P*r*t  or principal x rate x time

Where I=Interest earned

P=principal, the amount deposited or borrowed

R=the annual interest rate

T=Time frame

Therefore $1200 = Px0.04x5

P = 1200/(0.2)

P = 12000/2 = $6000

The amount of the initial investment id $6000

x/3-10=8

x/3=18

x=48

50- 250 is correct i did that one too

step-by-step explanation: