This mathematics problem involves applying core mathematical principles and formulas. Below you will find a complete step-by-step solution with detailed explanations for each step, helping you understand not just the answer but the method behind it.
ScanSolve AI Answer
Here's the solution for the first simple interest problem. The formula for simple interest is I = P · R · T, where: • I is the interest earned • P is the principal amount (original investment) • R is the annual interest rate (as a decimal) • T is the time in years Question 1: Garang made a 5 years investment, the interest rate 15%. He earned 11,250 SSP in interest. How much was original investment? Step 1: Identify the given values. Given: Interest (I) = 11,250 SSP Time (T) = 5 years Rate (R) = 15% = 0.15 Step 2: Use the simple interest formula to find the principal (P). I = P · R · T Rearrange the formula to solve for P: P = (I)/(R · T) Substitute the given values: P = (11250)/(0.15 · 5) P = (11250)/(0.75) P = 15000 The original investment was 15,000 SSP. That's 2 down. 3 left today — send the next one.