Amount of an investment of P dollars for t years at simple interest rate r is given by A = P+Prt. a) Re-write 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 rate of 15%
Amount of an investment of P dollars for t years at simple interest rate r is given by A = P+Prt. a) Re-write 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 rate of 15%
