SOLUTION: A man intends to invest $1,000 at simple interest. Solve the formula A = p + prt for t and find how long it will take to double his money at the rates of 5%, 7%, and 10%.

Question 816321: A man intends to invest $1,000 at simple interest. Solve the formula A = p + prt for t and find how long it will take to double his money at the rates of 5%, 7%, and 10%.
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!

 

Hi,

A man intends to invest $1,000 at simple interest. 

Solve the formula A = p + prt for t  

find how long it will take to double his money(A = 2P), at the rates of 5%, 7%, and 10%.

 





 

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