document.write( "Question 1074703: denyse borrowed $20,000 from her grandfather to start a bakery. she repaid him after 3 years. the annual simple interest rate was 7%. determine the total amount she repaid. \n" ); document.write( "

Algebra.Com's Answer #689368 by josmiceli(19441) $\"\"$ $\"About$

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$\"+A+=+P%2A%28+1+%2B+r%2At+%29+\"$
\n" ); document.write( " $\"+P+=+20000+\"$
\n" ); document.write( " $\"+r+=+.07+\"$
\n" ); document.write( " $\"+t+=+3+\"$
\n" ); document.write( " $\"+A+=+20000%2A%28+1+%2B+.07%2A3+%29+\"$
\n" ); document.write( " $\"+A+=+20000%2A%28+1+%2B+.21+%29+\"$
\n" ); document.write( " $\"+A+=+20000%2A1.21+\"$
\n" ); document.write( " $\"+A+=+24200+\"$
\n" ); document.write( "She repaid $24,200
\n" ); document.write( " \n" ); document.write( "

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