document.write( "Question 925714: How much would you have to invest now at 6% per year simple interest to have an amount of 3200$ in 2 years \n" ); document.write( "
Algebra.Com's Answer #561748 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! P + I = 3200 \n" ); document.write( "1•P + P(.06)(2)= $3200 \n" ); document.write( "1•P + .12P= $3200 \n" ); document.write( "P(1 + .12) = $3200 \n" ); document.write( "P = $3200/1.12 = $2857.14 \n" ); document.write( " \n" ); document.write( " |