# Math

If you earned \$2,000 interest for 2 years at 7%, how much money did you originally invest?

Thanks.

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1. I = prt

2000 = p * 0.07 * 2

Solve for p.

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2. 1 = prt

2000 = p* 0.07 * 2

2000/2 = p * 0.07 * 2/2

1000 = p * 0.07

1000/0.07 = p * 0.07/0.07

14,285.71 = P

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3. Right!

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4. Thanks greatly, Ms. Sue, for your help tonight. Will be getting back on tomorrow evening. Good night.

Garnett

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5. You're very welcome, Garnett. See you tomorrow.

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