document.write( "Question 107742: if you invest $5,000 for a year and earn $400 invest,what is the annual interest rate ?( use the formula i=prt.) \n" ); document.write( "
Algebra.Com's Answer #78496 by checkley71(8403)![]() ![]() ![]() You can put this solution on YOUR website! I=PRT \n" ); document.write( "400=5,000*R*1 \n" ); document.write( "400=5,000R \n" ); document.write( "R=400/5,000 \n" ); document.write( "R=.08 OR 8% IS THE RATE OF INTEREST. \n" ); document.write( " |