document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1053943>Question 1053943</A>: <I><SPAN STYLE=\"word-break: break-all;\"> \"MATHEMATICS OF INVESTMENT\"\r<BR>\n" );
document.write( "\n" );
document.write( "Find the PRINCIPAL and TIME. The only given is the TOTAL AMOUNT AND RATE.\r<BR>\n" );
document.write( "\n" );
document.write( "TOTAL AMOUNT = 1,770<BR>\n" );
document.write( "RATE = 9% OR 0.09<BR>\n" );
document.write( "PRINCIPAL = ?<BR>\n" );
document.write( "TIME = ?\r<BR>\n" );
document.write( "\n" );
document.write( "PLEASE HELP ME. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #669136 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=669136\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Find the PRINCIPAL and TIME. The only given is the TOTAL AMOUNT AND RATE. <BR>\n" );
document.write( "TOTAL AMOUNT = 1,770<BR>\n" );
document.write( "RATE = 9% OR 0.09<BR>\n" );
document.write( "PRINCIPAL = ?<BR>\n" );
document.write( "TIME = ? <BR>\n" );
document.write( "-----<BR>\n" );
document.write( "A(t) = P(1 + r*t)<BR>\n" );
document.write( "------<BR>\n" );
document.write( "1770 = P(1 + 0.09*t)<BR>\n" );
document.write( "----<BR>\n" );
document.write( "If t = 1, P = 1770/1.09 = $1623.85<BR>\n" );
document.write( "---------------<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( "------------ </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );