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S B.

asked • 10/06/18

Algebra word problem help needed

The simple interest earned by a certain amount of money varies jointly as the
rate of interest and the time (in years) that the money is invested. If $140 is
earned for the money invested at 7% for 5 years, how much is earned if the same
amount is invested at 8% for 3 years?
 
Thanks so much for your help! 

1 Expert Answer

By:

Sharmane P. answered • 07/04/19

Tutor
New to Wyzant

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