document.write( "Question 857035: Help would be much appreciated.\r
\n" ); document.write( "\n" ); document.write( "Write an equation for interest using the given data below. Use x for the unknown.
\n" ); document.write( "I = $95.00, P = ?, r = 5%, t = 4 years
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Algebra.Com's Answer #516334 by ewatrrr(24785)\"\" \"About 
You can put this solution on YOUR website!
need to clarify: simple or compounded interest
\n" ); document.write( "I = $95.00, P = ?, r = 5%, t = 4 years
\n" ); document.write( " .05*P*4yr = $95
\n" ); document.write( " P = $95/(.05*4) = $475
\n" ); document.write( "CHECKING our answer***
\n" ); document.write( "$475 * .05*4 = $95
\n" ); document.write( "Wish You the Best in your Studies.
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