Kwang deposits money in an account that earns 5% simple interest . he earned $546 in interest 2 years later . how much did he deposit ?

For simple interest, we first have to get the interest rate for two years. So we will assume that 5% is the interest rate per year. So for two years, his interest rate is 10%. So to get the initial deposit, we can use x as the principal interest. So we can have a formula that goes like this: 0.10x=546. So to solve for x, we just simply divide 546 and 0.10. The answer to that will be 5460. So 2 years ago, Kwang deposited 5460 as the principal amount. 

step-by-step explanation:

when the line is solid:

it's either < or >

when the line is dashed:

it's either < or >

this > inequality sign means:

greater thanmore thanaboveexceeds

this < inequality sign means:

less thanfewer thanbelow

this > inequality sign means:

greater than/equal tono less thanat leastminimum of

this < inequality sign means:

less than/equal tono more thanat mostmaximum of

about the problem:

since the line is solid, that means it's either < or >

srry i'm not done ! i'll