document.write( "Question 212307This question is from textbook college algebra
\n" ); document.write( ": an investor has $5000 to invest for a period of 1 year. Find the range of per annum simple interest rates required to generate interest between $200 and $275 inclusive \n" ); document.write( "

Algebra.Com's Answer #160989 by edjones(8007) $\"\"$ $\"About$

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Let x=interest rate.
\n" ); document.write( "5000x=200
\n" ); document.write( "x=200/5000
\n" ); document.write( "x=.04=4%
\n" ); document.write( ".
\n" ); document.write( "5000x=275
\n" ); document.write( "x=275/5000=.055=5.5%
\n" ); document.write( ".
\n" ); document.write( "Ans. between 4 and 5.5 percent inclusive.
\n" ); document.write( ".
\n" ); document.write( "Ed \n" ); document.write( "

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