SOLUTION: Please help.
amount of an investment.
The amount of an investment of P dollars for t years at simple intrrest rate r is given by A=P + Prt.
Please help with rewriting the formu
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amount of an investment.
The amount of an investment of P dollars for t years at simple intrrest rate r is given by A=P + Prt.
Please help with rewriting the formu
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Question 175217: Please help.
amount of an investment.
The amount of an investment of P dollars for t years at simple intrrest rate r is given by A=P + Prt.
Please help with rewriting the formula by factoring out the greatest common factor on the right side.
and
Find A if 8300 is invested for 3yrs at a simple intrest rate of 15%
A=8300 + (8300)3(.15)
A = 8300 + 3735.
A = 12035.00
(is this correct) Answer by KnightOwlTutor(293) (Show Source):
