document.write( "Question 96455This question is from textbook Algebra I
\n" ); document.write( ": Money is invested in a \"guaranteed fund\" at 12% simple interest. After one year, there is $840 in the account. How much was originally invested? \n" ); document.write( "

Algebra.Com's Answer #70230 by checkley71(8403) $\"\"$ $\"About$

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(1.12*X)=840
\n" ); document.write( "X=480/1.12
\n" ); document.write( "X=$428.57 AMOUNT OF INITIAL INVESTMENT.
\n" ); document.write( "PROOF
\n" ); document.write( "428.57*1.12=480 \n" ); document.write( "

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