document.write( "Question 40342: $700 simple interest was earned over 4 years on an investment of $2500. What was the annual rate? \n" ); document.write( "
Algebra.Com's Answer #25838 by Nate(3500)![]() ![]() ![]() You can put this solution on YOUR website! I = PRT \n" ); document.write( "700 = 2500*R*4 \n" ); document.write( "7/100 = 0.07 = R \n" ); document.write( "The rate was 7% \n" ); document.write( " |