document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=398019>Question 398019</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Amount of an investment. The amount of an investment<BR>\n" );
document.write( "of P dollars for t years at simple interest rate r is given by<BR>\n" );
document.write( "A = P + Prt.<BR>\n" );
document.write( "a) Rewrite this formula by factoring out the greatest<BR>\n" );
document.write( "common factor on the right-hand side.<BR>\n" );
document.write( "b) Find A if $8300 is invested for 3 years at a simple<BR>\n" );
document.write( "interest rate of 15%. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #282035 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16949)</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=282035\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Amount of an investment. The amount of an investment<BR>\n" );
document.write( "of P dollars for t years at simple interest rate r is given by<BR>\n" );
document.write( "A = P + Prt.<BR>\n" );
document.write( "a) Rewrite this formula by factoring out the greatest<BR>\n" );
document.write( "common factor on the right-hand side.<BR>\n" );
document.write( "b) Find A if $8300 is invested for 3 years at a simple<BR>\n" );
document.write( "interest rate of 15%.\r<BR>\n" );
document.write( "\n" );
document.write( "...<BR>\n" );
document.write( "A=P+Prt<BR>\n" );
document.write( "A=P(1+rt)<BR>\n" );
document.write( "A=8300(1+0.15*3)<BR>\n" );
document.write( "A=8300(1.45)<BR>\n" );
document.write( "A=$ 12035<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );