document.write( "Question 777433: Using the formula B=P+Prt
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document.write( "Suppose an account earns 5.5% interest and after two years the balance is $3330. Find the principal that was invested. \r
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document.write( "So far I have 3,330= P+P(.55)(2) but I can't figure out what i'm doing wrong and my book isn't helping :/
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Algebra.Com's Answer #474071 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! So far I have 3,330= P+P(.55)(2) \n" ); document.write( "------ \n" ); document.write( "3,330 = P(1+1.10) \n" ); document.write( "------ \n" ); document.write( "3330 =P(2.1) \n" ); document.write( "------ \n" ); document.write( "P = 3330/2.1 \n" ); document.write( "------ \n" ); document.write( "P = $1585.71 \n" ); document.write( "================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "---------- \n" ); document.write( " |