Asked by Roger
The amount of an investment of P dollars for t years at simple interest rate r is given by A= P+Prt
a) Rewrite this formula by factoring out the greatest common factor on the right-hand side.
b) Find A if $8300 is invested for 3 years at a simple interest of 15%
a) Rewrite this formula by factoring out the greatest common factor on the right-hand side.
b) Find A if $8300 is invested for 3 years at a simple interest of 15%
Answers
Answered by
Sarah
a) A=P(1+rt)
b) A=8300*(1+3(.15))
b) A=8300*(1+3(.15))
Answered by
Reiny
see
http://www.jiskha.com/display.cgi?id=1236188117
for exactly the same question.
http://www.jiskha.com/display.cgi?id=1236188117
for exactly the same question.
Answered by
JASMIN
Just a question? Can't two people have the same question? There is hundreds of people on here... Just asking...
Answered by
Reiny
yes, of course that can happen.
But instead of typing the solution all over again, doesn't it make sense to direct a student to the other post, when that post contains the solution?
But instead of typing the solution all over again, doesn't it make sense to direct a student to the other post, when that post contains the solution?
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