SOLUTION: 96. Amount of an investment. The amount of an investment of P dollars for t years at simple interest rate r is given by A = P + Prt. a) Rewrite this formula by factoring out the

Question 189516: 96. Amount of an investment. The amount of an investment of P dollars for t years at simple interest rate r is given by A = P + Prt.
a) Rewrite this formula by factoring out the greatest common factor on the right-hand side.
b) Find A if $8300 is invested for 3 years at a simple interest rate of 15%.
74. Rectangular stage. One side of a rectangular stage is 2 meters longer than the other. If the diagonal is 10 meters, then what are the lengths of the sides?

92. Glass prism. One end of a glass prism is in the shape of a triangle with a height that is 1 inch longer than twice the base. If the area of the triangle is 39 square inches, then how long are the base and height?

Answer by feliz1965(151) (Show Source): You can put this solution on YOUR website!
96. Amount of an investment. The amount of an investment of P dollars for t years at simple interest rate r is given by A = P + Prt.
a) Rewrite this formula by factoring out the greatest common factor on the right-hand side.
b) Find A if $8300 is invested for 3 years at a simple interest rate of 15%.
Part a:
A = P + Prt
A = P(1 + rt)....This is the factored form.
==========================================
Part b:
I will set it up and you can finish.
A = 8300[1 + 0.15(3)]
Simplify the right side and you will find A.

RELATED QUESTIONS
96.) Amount of an investment. The amount of an investment of P dollars for T years at... (answered by elima)

96.) Amount of an investment. The amount of an investment of P dollars for T years at... (answered by elima)

96. Amount of an Investment The amount of an investment of P dollars for t years at... (answered by Earlsdon)

The amount of an investment of P dollars for t years at simple interest rate r is given... (answered by jim_thompson5910)

Amount of an investment. The amount of an investment of P dollars for t years at simple... (answered by Monarch)

Amount of an investment. The amount of an investment of P dollars for t years at simple... (answered by ankor@dixie-net.com)

Amount of an investment. The amount of an investment of P dollars for t years at simple... (answered by stanbon)

Amount of an investment. The amount of an investment of P dollars for t years at simple... (answered by nerdybill)

Amount of an investment. The amount of an investment of P dollars for t years at simple... (answered by Earlsdon)

Amount of an investment. The amount of an investment of P dollars for t years at simple... (answered by rfer)