document.write( "Question 249445: find P when R = 8 1/2%, T = 4 months, I = 240 \n" ); document.write( "
Algebra.Com's Answer #181674 by stanbon(75887)    ![]() You can put this solution on YOUR website! find P when R = 8 1/2%, T = 4 months, I = 240 \n" ); document.write( "------------------- \n" ); document.write( "I = PRT \n" ); document.write( "240 = P*0.085*(1/3) \n" ); document.write( "720 = 0.085P \n" ); document.write( "P = $8470.79 \n" ); document.write( "=========== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "  |