document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1015219>Question 1015219</A>: <I><SPAN STYLE=\"word-break: break-all;\"> National Bank advertises an interest rate (in decimal form) of 0.15. If your initial investment is $300 and you want to accumulate $300 in interest, how many years do you need to invest?\r<BR>\n" );
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document.write( "I = Prt\r<BR>\n" );
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document.write( "Without substitution, solve the formula for the unknown variable in terms of the known variables.\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #631581 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=631581\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> National Bank advertises an interest rate (in decimal form) of 0.15. If your initial investment is $300 and you want to accumulate $300 in interest, how many years do you need to invest? <BR>\n" );
document.write( "I = Prt <BR>\n" );
document.write( "Without substitution, solve the formula for the unknown variable in terms of the known variables. <BR>\n" );
document.write( "300 = 300*0.15*t<BR>\n" );
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document.write( "t = 1/0.15<BR>\n" );
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document.write( "time = 6 2/3 years<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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