document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=308251>Question 308251</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Kevin invested money in a savings account at a rate of 5% simple interest. After one year, he has $4347.00 in the account. How much did Kevin originally invest?<BR>\n" );
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document.write( "I don't under stand the simple interest formula?!?! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #220432 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=220432\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Kevin invested money in a savings account at a rate of 5% simple interest. After one year, he has $4347.00 in the account. How much did Kevin originally invest?<BR>\n" );
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document.write( "if he invests 100 he has 105 at the end of the year\r<BR>\n" );
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document.write( "he has $4347 after 1 year\r<BR>\n" );
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document.write( "4347 *100 / 105<BR>\n" );
document.write( "= $4140 \r<BR>\n" );
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document.write( "He originally invested $ 4140 <BR>\n" );
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