document.write( "Question 1114439: when invested at an annual interest rate of 7.5 an account earned $217.50 of simple interest in one year. how much money was originally invested in the account?
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #729396 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
when invested at an annual interest rate of 7.5 an account earned $217.50 of simple interest in one year. how much money was originally invested in the account?
\n" ); document.write( "------
\n" ); document.write( "I = P*r*t
\n" ); document.write( "217.5 = P*0.075
\n" ); document.write( "----
\n" ); document.write( "P = 217.5/0.075
\n" ); document.write( "P = $2900
\n" ); document.write( "---------------
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "------------
\n" ); document.write( "
\n" );