document.write( "Question 527112: How much money must be invested at 12% simple interest to earn $770 in 5 months? \n" ); document.write( "
Algebra.Com's Answer #348790 by rfer(16322)\"\" \"About 
You can put this solution on YOUR website!
I=Prt
\n" ); document.write( "I/(rt)=P
\n" ); document.write( "770/(0.12/12*5)=P
\n" ); document.write( "770/0.05=P
\n" ); document.write( "P=$15,400
\n" ); document.write( "
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