document.write( "Question 363633: 3. Andrea wants to deposit money into a bank account that earns 4% simple annual interest. Use the formula to find the amount of money that she should deposit so that she earns $2800 after 3.5 years \n" ); document.write( "
Algebra.Com's Answer #259362 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! X(1+.04*3.5)=2,800 \n" ); document.write( "X(1+.14)=2,800 \n" ); document.write( "1.14X=2,800 \n" ); document.write( "X=2,800/1.14 \n" ); document.write( "X=$2,456.14 AMOUNT DEPOSITED TO GET @2,800 AFTER 3.5 YEARS. \n" ); document.write( " \n" ); document.write( " |