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 #78497 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! 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( "---------- \n" ); document.write( "i=prt \n" ); document.write( "400 = 5000*r*1 \n" ); document.write( "r = 400/5000 \n" ); document.write( "r = 0.08 \n" ); document.write( "r = 8% \n" ); document.write( "============ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |