document.write( "Question 1072451: Braun invested a certain sum of money at 8% p.a. simple interest for 't' years. At the end of 't' years, Braun got back 4 times his original investment. What is the value of t? \n" ); document.write( "
Algebra.Com's Answer #687370 by jorel1380(3719)![]() ![]() You can put this solution on YOUR website! Let n be the amount Braun invested. At the end, he has 4 times his original investment. So: \n" ); document.write( "4n=.08t \n" ); document.write( "t=4/.08 \n" ); document.write( "t=50 years before Braun gets back 4x his original investment. ☺☺☺☺ \n" ); document.write( " |