document.write( "Question 985541: I need to find a formula to answer an investment increase word problem. I know the interest rate compounded annually and the total amount received. I need to find the original investment amount. \n" ); document.write( "
Algebra.Com's Answer #606401 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! I need to find a formula to answer an investment increase word problem. I know the interest rate compounded annually and the total amount received. I need to find the original investment amount. \n" ); document.write( "---------- \n" ); document.write( "General Formula:: A(t)=P(1+(r/n))^(nt) \n" ); document.write( "------------------------ \n" ); document.write( "Your Problem:: \n" ); document.write( "Solve for \"P\" \n" ); document.write( "P = (A(t))/(1+(r/n))^(nt) \n" ); document.write( "------------------------------ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "---------------- \n" ); document.write( " |