SOLUTION: How much do you invest at 4.6% simple interest in order to earn $90 interest in 3 months?

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Question 1207250: How much do you invest at 4.6% simple interest in order to earn $90 interest in 3 months?
Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
I am making an assumption here. If 4.6% is yearly and periods are in quarters of the year, then the simple interest for that 3-month (which is a quarter period) should be Q%2A%280.046%2F4%29%2A1=90, and Q is how much to be invested.

7826 to invest.