document.write( "Question 1180048: Compute the specified quantity.
\n" ); document.write( "A corporate bond paying $4,000 after 36 weeks earns 0.04% simple interest per week. How much did it cost to buy? (Round your answer to the nearest cent.)
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Algebra.Com's Answer #809641 by ikleyn(52803) $\"\"$ $\"About$

You can put this solution on YOUR website!
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document.write( "I am not a specialist in Finance,\r\n" );
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document.write( "but my common sense says me write this equation\r\n" );
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document.write( "    x + 36*0.0004x = 4000\r\n" );
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document.write( "and find x from it\r\n" );
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document.write( "    x =  = 3943.22  dollars.    ANSWER\r\n" );
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