document.write( "Question 198066: How many years does Steven need to invest his $3,000 at 7% to earn $210 in simple interest? \r
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Algebra.Com's Answer #148533 by stanbon(75887) ![]() You can put this solution on YOUR website! How many years does Steven need to invest his $3,000 at 7% to earn $210 in simple interest? \n" ); document.write( "---------------------------- \n" ); document.write( "Interest = Principal*Rate*time \n" ); document.write( "210 = 3000*0.07*time \n" ); document.write( "time = 210/[3000*0.07] \n" ); document.write( "time = 1 year \n" ); document.write( "=================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |