document.write( "Question 1022707: A finance company charges $55 simple interest on a sum of money which is borrowed for five months. Given that the rate of interest is 12% per annum, what is the sum of money. \n" ); document.write( "
Algebra.Com's Answer #638349 by robertb(5830)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "\n" ); document.write( "==> A = P+I = $1,100 + $55 = $ |