document.write( "Question 125268: Find the unknown qanity for an account that earns simple annual interest.\r
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document.write( "A = $579, P = $300,
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document.write( " r = 6.2%, t=___\r
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document.write( "Any help with this equation would be Greatly appreciated. \n" );
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Algebra.Com's Answer #91846 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "At the end of each year with simple interest I have: \n" ); document.write( "1st year: $300 + 1*.062*300 \n" ); document.write( "2nd year $300 + 2*.062*300 \n" ); document.write( "3rd year $300 + 3*.062*300 \n" ); document.write( "etc. \n" ); document.write( "So the general formula is \n" ); document.write( "A = P(1 + rt) \n" ); document.write( "check answer \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "OK \n" ); document.write( " |