document.write( "Question 923347:  Bob borrows a certain amount of money. interest compounds annually at a rate of 8%. At the end of five years he has to pay back $1469.33 in total. What amount did he borrow?\r
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document.write( "Please Help I am stuck with this question \n" );
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| Algebra.Com's Answer #559980 by ewatrrr(24785)     You can put this solution on YOUR website! \n" ); document.write( "A = Accumulated Amount \n" ); document.write( "P= principal = \n" ); document.write( "r= annual rate = .08 \n" ); document.write( "n= periods per year = 1 \n" ); document.write( "t= years = 5\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |