document.write( "Question 1146041: If an investment at 7% simple interest has a future value of $6031 in 9 years, what was the original investment ? \n" ); document.write( "
Algebra.Com's Answer #767316 by greenestamps(13200)\"\" \"About 
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\n" ); document.write( "interest = principal * rate * time

\n" ); document.write( "future value is principal + interest

\n" ); document.write( "We know rate and time; the principal is the unknown x:

\n" ); document.write( "\"6031+=+x+%2B+x%28.07%29%289%29+=+x+%2B+.63x+=+1.63x\"

\n" ); document.write( "\"x+=+6031%2F1.63\"

\n" ); document.write( "You can do the calculation....
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