document.write( "Question 146938: 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.\r
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document.write( "a) Rewrite this formula by factoring out the greatest common factor on the right hand side.\r
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document.write( "b) Find A if $8300 is invested for 3 years at a simple interest rate of 15%. \n" );
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Algebra.Com's Answer #107417 by Monarch(4)![]() ![]() ![]() You can put this solution on YOUR website! a) A= P(1+rt)\r \n" ); document.write( "\n" ); document.write( "b) A= 8300 (1+.15*3) \n" ); document.write( " A = 8300 ( 1 + .45) \n" ); document.write( " A = 8300 * 1.45 \n" ); document.write( " A = $12035 \n" ); document.write( " |