document.write( "Question 171671: Please help me I really do not understand this word problem and I would like to think you in advance for all the help.\r
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document.write( "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 #126809 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! The amount of an investment of p dollars for t years at simple interest rate r is given by A=P + Prt \n" ); document.write( "A) rewrite this formula by factoring out the greatest common factor on the right-hand side. \n" ); document.write( "A = p(1+rt) \n" ); document.write( "------------------------- \n" ); document.write( "B) find A if $8300 is invested for 3 years at a simple interest rate of 15%. \n" ); document.write( "A = 8300(1+0.15*3) \n" ); document.write( "A = 8300(1.45) \n" ); document.write( "A = $12035.00 \n" ); document.write( "================ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |