document.write( "Question 886522: A student invested some money at an annual rate of 5%. If the annual income from the investment is $300, how much did he invest? \n" ); document.write( "
Algebra.Com's Answer #535956 by jim_thompson5910(35256)![]() ![]() ![]() You can put this solution on YOUR website! I = P*r*t\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "300 = P*0.05*1\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "300 = 0.05P\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "300/0.05 = P\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "6000 = P\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "P = 6000\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "He invested $6,000 \n" ); document.write( " |