document.write( "Question 945447: The simple interest formula is A = P(1 + r)t where P represents the amount originally deposited, r is the interest rate, and A is the amount in the account after t years.\r
\n" ); document.write( "\n" ); document.write( "Find r if A = 2700, P = 2300 and t = 5. (Note: if 7 = 7, then 2700 = 2700)\r
\n" ); document.write( "\n" ); document.write( "Express r as a percentage to one decimal place (x.x%). And show work
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Algebra.Com's Answer #576656 by Fombitz(32388)\"\" \"About 
You can put this solution on YOUR website!
\"A+=+P%281+%2B+r%29%5Et\"
\n" ); document.write( "\"2700=2300%281%2Br%29%5E5\"
\n" ); document.write( "\"%281%2Br%29%5E5=1.17391304\"
\n" ); document.write( "\"1%2Br=1.032588\"
\n" ); document.write( "\"r=.032588\"
\n" ); document.write( "\"r=3.2588\"%
\n" ); document.write( "\"r=3.3\"%
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