document.write( "Question 1007912: An account earned $42 in interest for a deposit earning 3.5% simple interest for 270 days. What was the amount of the original deposit? \n" ); document.write( "
Algebra.Com's Answer #624577 by fractalier(6550)![]() ![]() You can put this solution on YOUR website! Using the formula for simple interest, I = prt, we solve for p and get \n" ); document.write( "p = I/rt = 42/((.035)(.75)) = $1600 \n" ); document.write( " |