document.write( "Question 40346: How much money should be invested in an annual interest rate of 8% in order to earn $250 of yearly interest?\r
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Algebra.Com's Answer #25903 by Nate(3500)![]() ![]() ![]() You can put this solution on YOUR website! I = PRT \n" ); document.write( "250 = P*0.08*1 \n" ); document.write( "250/0.08 = P \n" ); document.write( "3125 = P \n" ); document.write( " |