document.write( "Question 719011: rosa invested $600 at 3.9% simple interest. At the investment's maturity, its value was $1302, how long was the money invested? \n" ); document.write( "
Algebra.Com's Answer #441153 by god2012(113)\"\" \"About 
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Solution :\r
\n" ); document.write( "\n" ); document.write( "Given : Principal = $600\r
\n" ); document.write( "\n" ); document.write( "Amount at maturity = $1302
\n" ); document.write( "Rate of interest = 3.9%\r
\n" ); document.write( "\n" ); document.write( "Interest = Amount - Principal = $1302 - $600 = $702\r
\n" ); document.write( "\n" ); document.write( "Simple interest = I = P*T*R /100
\n" ); document.write( "T = 100*I/PR = 100 * 702 / (600 * 3.9) = 30 years
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