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    Kassers2008's Avatar
    Kassers2008 Posts: 1, Reputation: 1
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    #1

    Sep 8, 2007, 05:49 PM
    Story problems in pre-cal
    What annual rate of interest would you have to earn on an investment of $3500 to ensure receiving $262.50 interest after one year.
    Capuchin's Avatar
    Capuchin Posts: 5,255, Reputation: 656
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    #2

    Sep 8, 2007, 06:30 PM
    where x is the annual interest rate. Solve for x
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