document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=175793>Question 175793</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Use the interest formula to find the following value. Round to the nearest penny.\r<BR>\n" );
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document.write( "i=$125<BR>\n" );
document.write( "r=6%<BR>\n" );
document.write( "t=1<BR>\n" );
document.write( "Find p. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #130882 by </B><A HREF=/tutors/aboutme.mpl?userid=EMStelley><B>EMStelley(208)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=EMStelley><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/cgi-bin/show-face.mpl?user=EMStelley><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=130882\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I'm assuming the interest formula you are referring to is simple interest, which would be I=Prt.  So using the information you gave, we have that<BR>\n" );
document.write( "125 = P(0.06)(1)<BR>\n" );
document.write( "So<BR>\n" );
document.write( "125 = 0.06P<BR>\n" );
document.write( "All that is left is to divide both sides by 0.06<BR>\n" );
document.write( "P = $2083.33 </SPAN>\n" );
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