document.write( "Question 397945: The amount of an investment of P dollars for t years at simple interest rate r is given by A = P + Prt.
\n" ); document.write( "a) Rewrite this formula by factoring out the greatest
\n" ); document.write( "common factor on the right-hand side.
\n" ); document.write( "b) Find A if $8300 is invested for 3 years at a simple
\n" ); document.write( "interest rate of 15%.
\n" ); document.write( "

Algebra.Com's Answer #282029 by ankor@dixie-net.com(22740)\"\" \"About 
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The amount of an investment of P dollars for t years at simple interest rate r
\n" ); document.write( " is given by A = P + Prt.
\n" ); document.write( ":
\n" ); document.write( "a) Rewrite this formula by factoring out the greatest
\n" ); document.write( "common factor on the right-hand side.
\n" ); document.write( "A = P(1 + rt)
\n" ); document.write( ";
\n" ); document.write( "b) Find A if $8300 is invested for 3 years at a simple
\n" ); document.write( "interest rate of 15%.
\n" ); document.write( "A = 8300(1 + (.15*3))
\n" ); document.write( "A = 8300 * 1.45
\n" ); document.write( "A = $12,035
\n" ); document.write( "
\n" );