document.write( "Question 448761: I=$30,P=?,r=6%,t=2 years\r
\n" ); document.write( "\n" ); document.write( "need to know how to do this
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Algebra.Com's Answer #308764 by mananth(16946)\"\" \"About 
You can put this solution on YOUR website!
The formula for simple Interest
\n" ); document.write( "I = p*r*t
\n" ); document.write( "I=30
\n" ); document.write( "r=6%=0.06
\n" ); document.write( "t=2\r
\n" ); document.write( "\n" ); document.write( "30=p*0.06*2
\n" ); document.write( "p=30/(0.06*2)
\n" ); document.write( "p=250
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