document.write( "Question 1111678: Dave earns $228 interest over a 3 year period with a 9.5% interest rate. How much did he deposit in principal?
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Algebra.Com's Answer #726721 by addingup(3677)![]() ![]() You can put this solution on YOUR website! Simple or compound interest? How often does it compound? \n" ); document.write( "Simple: \n" ); document.write( "x(0.095.3) = 228 \n" ); document.write( "0.285x = 228 \n" ); document.write( "x = 800 \n" ); document.write( "-------------------- \n" ); document.write( "email me if what you're looking for is compound interest, and state how often it compounds. \n" ); document.write( " \n" ); document.write( " |