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May 28, 2015

Homework Help: math

Posted by Debbie on Wednesday, March 4, 2009 at 12:35pm.

Amount of an Investment. The amount of an ivestment of P dollarsfor T years at simple intrest rate r is given by
A=P+PrT

a)Rewrite formula by factoring out the greatest common factor on the right hand side.

b)find A if $8300is invested for 3 yrs at simple intrest rate of 5%

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