# A certain amount of money was invested for one year at a rate of 7.5 At the end of that year it had earned $675. How much money was invested? explain with steps 2 by nivasuhas ## Answers 2014-12-27T15:05:33+05:30 ### This Is a Certified Answer Certified answers contain reliable, trustworthy information vouched for by a hand-picked team of experts. Brainly has millions of high quality answers, all of them carefully moderated by our most trusted community members, but certified answers are the finest of the finest. We need to find the money invested.It is the principal. Let it be P. Time = 1 year Rate = 7.5% he earned =$675
So interest = $675 interest = PTR/100 So$9000 was invested.

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2014-12-27T17:42:51+05:30
Let the amount invested is principal amount= P
Rate of interest r=7.5/100
Time = t = 1
Interest earned= I = 675 $We have I= P*r*t ⇒ 675 = P*7.5*1/100 ⇒ P = 675*100/7.5 P = 9000$
Money invested was \$ 9000