document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1206995>Question 1206995</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose you invested $1000 at a 7.1% simple annual interest rate. You have accumulated $1100 in your savings account at the end of a certain length of time. \r<BR>\n" );
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document.write( "How long, in years, was your money invested? </SPAN>\n" );
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document.write( "A = P(1+r*t)<BR>\n" );
document.write( "1100 = 1000(1+0.071*t)<BR>\n" );
document.write( "1+0.071*t = 1100/1000<BR>\n" );
document.write( "1+0.071*t = 1.1<BR>\n" );
document.write( "0.071*t = 1.1-1<BR>\n" );
document.write( "0.071*t = 0.1<BR>\n" );
document.write( "t = 0.1/0.071<BR>\n" );
document.write( "t = 1.408451 years approximately<BR>\n" );
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