document.write( "Question 1029774: How many years will it take $1000 invested at 7% interest to ear $280 \n" ); document.write( "
Algebra.Com's Answer #644715 by addingup(3677) You can put this solution on YOUR website! Interest = Principal*Rate*Time \n" ); document.write( "280 = 1,000*0.07*T Divide both sides by 1,000*0.07: \n" ); document.write( "280/(1,000*0.07) = T \n" ); document.write( "280/70 = T \n" ); document.write( "T = 4 years \n" ); document.write( " \n" ); document.write( " |