SOLUTION: khalid makes an investment at 4% simple interest. At the end of the 1 yr, the total value of the investment is $1560. How much was originally invested?

SOLUTION: khalid makes an investment at 4% simple interest. At the end of the 1 yr, the total value of the investment is $1560. How much was originally invested?

Algebra.Com

Question 352041: khalid makes an investment at 4% simple interest. At the end of the 1 yr, the total value of the investment is $1560. How much was originally invested?
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!

$1500 was originally invested.

RELATED QUESTIONS
Teresa makes an investment at 3.8% simple interest. At the end of 1 year, the total value (answered by rfer)

Teresa makes an investment at % simple interest. At the end of 1 year, the total value of (answered by chriswen)

Kris makes an investment at 5.8% simple interest. At the end of one year, the total value (answered by jim_thompson5910)

this is the word problem. Crista makes an investment at 3% simple interest. at the end of (answered by josmiceli)

Erica invested a total of $5,000, part at 3% simple interest and part at 4% simple... (answered by rfer)

A 4000 investment earns interest at 4%/ yr compunded quarterly. How long will it take to... (answered by Boreal,Alan3354)

You invest $5,800 over a period of 30 months at 5 1/4% simple interest. What is the total (answered by rfer)

Investment You put $2000 into an account earning 4% interest compounded continuously.... (answered by Mathtut,solver91311)

find the present value of an investment at 4% annual simple interest and is worth $6900... (answered by Fombitz)