document.write( "Question 1034931: an investment pays 8%interest per year. of the investment earned $84 in interest in the first year , then how much money was originally invested \n" ); document.write( "
Algebra.Com's Answer #649622 by fractalier(6550)\"\" \"About 
You can put this solution on YOUR website!
You do not say, so I will assume it is simple interest...the formula for which is
\n" ); document.write( "I = Prt
\n" ); document.write( "We are looking for P, the principal...
\n" ); document.write( "P = I/rt = 84/(.08*1) = $1050
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