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An investment of d dollars at k percent simple annual [#permalink]
20 Apr 2007, 19:05
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An investment of d dollars at k percent simple annual interest yields $600 over a 2 year period. In terms of d, what dollar amount invested at the same rate will yield 2,400 interest over a 3 year period?
how do you set up the equation? I can solve by plugging in numbers but am curious to see the actual work.