document.write( "Question 1172778: Will you please kindly help with this question on compound interest.800 is invested at r% per annum simple interest for 3 years to 168, use formula SI=PRT all divided by 100 to calculate the value of r. \n" ); document.write( "
Algebra.Com's Answer #797965 by ikleyn(52781)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Let me bring to your mind that the wording/printing in your post is INCORRECT.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "In the first statement, you use the term \"compound interest\",\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "while the second statement is about simple interest.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The account can not be \"simple interest\" and \"compound interest\" at the same time: banks do not work this way.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "A person who posts his (or her) posts in section \"Finance\", related to Finance\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " ===--->>> MUST KNOW IT . . . <<<---===\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |