Shiv15 QuestionsAnswersReputations Posted an answer How much to invest to make $865 in 7 years at 5% simple interest.Here is the solution Let the Principal you have to deposit = P Applying Simple interest formula 865 = P + P * 0.05 * 7 Solving P = $640.74 Ans IF you would have earned compound interest at same i.e.5%... April 25, 2023 5 Registered April 25, 2023 10 Question and answer is powered by anspress.net
