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Your final balance of an investment of $270 invested at 10% was $459. For what period of time did you invest?
7 years ago

Answers

Henry
P = Po + Po*r*t.
459 = 270 + 270*0.1*t
t = ?. = Time in years.


7 years ago
Lehar
Thanks but why did you add 260 twice
7 years ago
Henry
In factored form:
P = Po + Po*r*t = Po(1+rt).
7 years ago

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