document.write( "Question 1047502: What annual rate of interest would you have to earn on an investment of $4000 to ensure receiving $292.00 interest after 1 year? \n" ); document.write( "
Algebra.Com's Answer #663016 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! I=prt \n" ); document.write( "292=4000*r*1 \n" ); document.write( "r=292/4000=0.073 or 7.3% simple interest. \n" ); document.write( " |