document.write( "Question 765806: What is the principal if the simple interest is 250.00 ,the annual interest rate is 5% and the time is 3 years? \n" ); document.write( "
Algebra.Com's Answer #466445 by stanbon(75887)\"\" \"About 
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What is the principal if the simple interest is 250.00 ,the annual interest rate is 5% and the time is 3 years?
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\n" ); document.write( "I = Prt
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\n" ); document.write( "250 = P*0.05*3
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\n" ); document.write( "250 = 0.15P
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\n" ); document.write( "P = 250/0.15
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\n" ); document.write( "P = $1666.67
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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