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)![]() ![]() ![]() You can put this solution on YOUR website! 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. \n" ); document.write( " \n" ); document.write( " |