document.write( "Question 565226: Eliana has $2600 to invest for 6 months. If she needs the money to earn $104 in that time, at what rate of simple interest must Eliana invest. \n" ); document.write( "
Algebra.Com's Answer #365702 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! I=Pr \n" ); document.write( "104=2600*r/2 \n" ); document.write( "r/2=104/2600 \n" ); document.write( "r=(104/2600)(2) \n" ); document.write( "r=0.08=8% \n" ); document.write( " |