SOLUTION: If a man earns $420 interest in one year at 7%, what was the amount of money invested?

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Question 316815: If a man earns $420 interest in one year at 7%, what was the amount of money invested?

Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
P%2A%287%2F100%29=420
P=%28420%28100%29%29%2F7
P=6000
He invested $6000.