SOLUTION: 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 greates
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a) rewrite this formula by factoring out the greates
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Question 217227: 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%. Answer by rfer(10427) (Show Source):
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