SOLUTION: I have a word problem I am having trouble with, and i have tried everything to get the right answer. I'm not sure what i'm doing wrong or where I'm messing up at. The word problem

SOLUTION: I have a word problem I am having trouble with, and i have tried everything to get the right answer. I'm not sure what i'm doing wrong or where I'm messing up at. The word problem

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Question 465537: I have a word problem I am having trouble with, and i have tried everything to get the right answer. I'm not sure what i'm doing wrong or where I'm messing up at. The word problem is: A pension fund ivests $86,600 in highway bonds and earns 7% per year on the investment. How much money is earned per year? Your help is greatly appreciated! Thank you!
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
86600*0.07=$6062.00
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