document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=202970>Question 202970</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Amount of an investment. The amount of an investment<BR>\n" );
document.write( "of P dollars for t years at simple interest rate r is given by<BR>\n" );
document.write( "A= P+Prt.<BR>\n" );
document.write( "a) Rewrite this formula by factoring out the greatest<BR>\n" );
document.write( "common factor on the right-hand side.<BR>\n" );
document.write( "b) Find A if $8300 is invested for 3 years at a simple<BR>\n" );
document.write( "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 #153115 by </B><A HREF=/tutors/aboutme.mpl?userid=Earlsdon><B>Earlsdon(6294)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Earlsdon><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=153115\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Given:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+P%2BPrt ALIGN=MIDDLE  ALT=\"A+=+P%2BPrt\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "a) Rewrite by factoring the GCF (that's P).<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+P%281%2Brt%29 ALIGN=MIDDLE  ALT=\"A+=+P%281%2Brt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "b) Find A if P = $8300, r = 15% (that's 0.15 in decimal) and t = 3 years.<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+8300%281%2B0.15%2A3%29 ALIGN=MIDDLE  ALT=\"A+=+8300%281%2B0.15%2A3%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Evaluate.<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+8300%281.45%29 ALIGN=MIDDLE  ALT=\"A+=+8300%281.45%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+12035 ALIGN=MIDDLE  ALT=\"A+=+12035\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "A = $12,035.00 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );