Wednesday
July 29, 2015

Homework Help: Algebra

Posted by Lisa on Thursday, June 3, 2010 at 7:52pm.

Amount of an investment. AMount of an investment rate r is given by A=P + + rt. Rewrite this formula by factoring out the greatest common factor on the right-hand side. Find A if $8300 is invested for 3 years at a simple interest rate of 15%.

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