February 24, 2017

Homework Help: Math

Posted by Roger on Wednesday, March 4, 2009 at 3:26pm.

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%

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