document.write( "Question 129151: I am horrible at word problems. And I am not understanding polynomials or trinomials very well. could someone help me with this problem?\r
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document.write( "The amount of an investment of P dollars for t years at simple interest rate r is given by A = P + Prt. 1.) Rewrite this formula by factoring out the greatest common factor on the right-hand side. 2.) Find A if $8300 is invested for 3 years at a simple interest rate of 15%\r
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document.write( "thanks so much for the help \n" );
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Algebra.Com's Answer #94413 by checkley71(8403)![]() ![]() ![]() You can put this solution on YOUR website! A=P(1+R)^T IS THE FORMULA FOR ANNUAL COMPOUNDING INTEREST. \n" ); document.write( "A=8300(1+.15)^3 \n" ); document.write( "A=8300(1.15)^3 \n" ); document.write( "A=8300*1.52 \n" ); document.write( "A=$12,623.26 IS THE VALUE OF THIS INVESTMENT AFTER 3 YEARS @ 15% COMPOUNDED INTEREST. \n" ); document.write( " |