document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=163325>Question 163325</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/9780073533490/algebrahomeworkh>Elementary and Intermediate</A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> 96.) 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<BR>\n" );
document.write( "\n" );
document.write( "a) Rewrite the formula by factoring out the greatest common factor on the right - hand side.\r<BR>\n" );
document.write( "\n" );
document.write( "b) Find A if $8300 is invested for 3 years at a simple interest rate of 15%. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #120380 by </B><A HREF=/tutors/aboutme.mpl?userid=elima><B>elima(1433)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=elima><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=120380\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A = P + Prt<BR>\n" );
document.write( "a) A=P(1+rt)<BR>\n" );
document.write( "b)A = 8300(1+.15(3))<BR>\n" );
document.write( "A=8300+8300(.15)(3)<BR>\n" );
document.write( "A=8300 + 3735<BR>\n" );
document.write( "A=12035<BR>\n" );
document.write( ":) </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );