document.write( "Question 729477: Money is invested in a savings account at 5% simple interest. After 1 year, there is $262.50 in the account. How much was originally invested? \n" ); document.write( "
Algebra.Com's Answer #445885 by checkley79(3341)\"\" \"About 
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X(1+.05)^1=262.50
\n" ); document.write( "1.05X=262.50
\n" ); document.write( "X=262.50/1.05
\n" ); document.write( "X=$250.00 WAS THE INITIAL INVESTMENT.
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