document.write( "Question 730506: Determine the amount P that is invested at a simple interest rate of 6 1/2% for 5 years which earns $3250 total interest.\r
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document.write( "Please show steps. Thank you. \n" );
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Algebra.Com's Answer #446702 by rfer(16322) ![]() You can put this solution on YOUR website! I=Prt \n" ); document.write( "3250=P*0.065*5 \n" ); document.write( "3250/0.325=P \n" ); document.write( "P=$10,000 \n" ); document.write( " |