Question 31711
AN ALTERNATE FORMULA IS INTEREST OF AN INVESTMENT FOR 4 YEARS @ 8% IS

I=4X.08 OR I=.32 OR ORIGINAL INVESTMENT TIMES 1.32I=$8,500 OR I=$8,500/1.32 OR I=$6,439 

PROOF $6,439+$6,439(4).08=$8,500 OR $6,439+$6,439(.32)=$8,500 OR $6,439+$2,060=$8,499