document.write( "Question 733906: The simple interest I on an investment of P dollars at an interest rate r for t years is given by I=Prt. Find the time it would take to earn $1800 in interest on an investment of $25000 at a rate of 6.2%. \n" ); document.write( "
Algebra.Com's Answer #448642 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! 1800=25000*0.062t \n" ); document.write( "1800=1550t \n" ); document.write( "1800/1550=t \n" ); document.write( "t=1.16 yrs \n" ); document.write( " |