document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=183736>Question 183736</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 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" );
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document.write( "A) rewrite this formula by factoring out the GCF on the right-hand side. \r<BR>\n" );
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document.write( "B) find A if $830 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 #137894 by </B><A HREF=/tutors/aboutme.mpl?userid=math_il><B>math_il(6)</B></A><img src=\"/images/stars/stars-05.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=math_il><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=137894\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A) GCF is P<BR>\n" );
document.write( "so A = P(1+rt)\r<BR>\n" );
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document.write( "B)P = 830  t=3y  r=15%<BR>\n" );
document.write( "substitute in the formula<BR>\n" );
document.write( "A= 830( 1+  (15/100*3)  )<BR>\n" );
document.write( "simplifying<BR>\n" );
document.write( "A = 830( 1 + 0.45) = 830*1.45 = 1203.5 $ <BR>\n" );
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