The amount you should put is 3846
How to determine the principal amount?
The given parameters are:
Amount, A = 4000
Rate, r = 8%
Time = 0.5 year i.e. 6 months
The amount on simple interest is calculated as:
A = P(1 + RT)
This gives
4000 = P * (1 + 8% * 0.5)
Evaluate the product
4000 = P * (1 + 0.04)
Evaluate the sum
4000 = P * (1.04)
Divide both sides by 1.04
P= 3846
Hence, the amount you should put is 3846
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