SOLUTION: 3200 invested at 5 1/2 interest for one year

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: 3200 invested at 5 1/2 interest for one year      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 872578: 3200 invested at 5 1/2 interest for one year
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
3200 invested at 5 1/2 interest for one year
---------
A(1) = 1.055*3200 = $3376
---------------
Cheers,
Stan H.
--------------------