document.write( "Question 1046572: Liu invested some money for one year at 1.8% simple interest per year.At the end of the year it was worth $1272.50.How much did he invest \n" ); document.write( "
Algebra.Com's Answer #662015 by josmiceli(19441)\"\" \"About 
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The formula to use is:
\n" ); document.write( "\"+A+=+P%2A%28+1+%2B+r%2At+%29+\"
\n" ); document.write( "\"+A+\" is the amount he ended up with
\n" ); document.write( "\"+r+\" is the interest rate
\n" ); document.write( "\"+t+\" is time in years
\n" ); document.write( "\"+P+\" is the initial investment
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\n" ); document.write( "\"+A+=+1272.5+\"
\n" ); document.write( "\"+r+=+.018+\"
\n" ); document.write( "\"+t+=+1+\"
\n" ); document.write( "\"+1272.5+=+P%2A%28+1+%2B+.018%2A1+%29+\"
\n" ); document.write( "\"+1272.5+=+1.018P+\"
\n" ); document.write( "\"+P+=+1250+\"
\n" ); document.write( "He invested $1,250\r
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