# 2 Answers

**$1,428,000 is the answer I came up with. ****I divided the $11,900 by 50 to determine how much was earned per day. $238. ****I multiplied that by 360 to determine how much interest would be earned in one year. $85,680****I then divided that answer by .06 (6%) to find the principal amount invested. $1,428,000.Reversing the process: $1,428,000 X 6% DIVIDED BY 360 X 50**

11 years ago. Rating: 1 | |

I'm real sure this is the answer I came up with. Whether it is correct for the question or not, I'm not positive.