9514 1404 393
Answer:
$2000
Step-by-step explanation:
The amount of interest is given by the formula ...
I = Prt
where P is the principal invested, r is the annual rate, and t is the number of years. Here, we want to find P when I = 50, r = 0.05, and t = 1/2.
50 = P(0.05)(1/2)
P = 50/(0.05·1/2) = 2000
Alden started with $2000 in his account.
