The equation I= Prt gives the amount of interest a bank account receives after a certain period. An individual invests $6,000 into an account that receives 7% interest. How much time has passed if the amount of interest is $3,360?
The equation I= Prt gives the amount of interest a bank account receives after a certain period. An individual invests $6,000 into an account that receives 7% interest. How much time has passed if the amount of interest is $3,360?
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter7: Applying Fractions
Section7.3: Equations With Fractional Coefficient
Problem 11P
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The equation I= Prt gives the amount of interest a bank account receives after a certain period. An individual invests $6,000 into an account that receives 7% interest. How much time has passed if the amount of interest is $3,360?
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