SOLUTION: An investment pays 8% simple interest per year. If the investment earns $84 interest in the first year then how much money was originally invested?
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Question 944935: An investment pays 8% simple interest per year. If the investment earns $84 interest in the first year then how much money was originally invested?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
84/0.08=$1050
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