document.write( "Question 231497: sally puts $200.00 in a bank account that earns 8% simple interest how much interest will be earned in 3 years? \n" ); document.write( "
Algebra.Com's Answer #171306 by josmiceli(19441)\"\" \"About 
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The formula for simple interest is
\n" ); document.write( "\"A+=+P%2A%281+%2B+rt%29\"
\n" ); document.write( "\"t\" = number of years
\n" ); document.write( "\"A\" = amount after \"t\" years
\n" ); document.write( "\"r\" = annual interest rate in %
\n" ); document.write( "\"P\" = original amount
\n" ); document.write( "\"A+-+P\" = interest earned after \"t\" years
\n" ); document.write( "--------------------------
\n" ); document.write( "given:
\n" ); document.write( "\"P+=+200\"
\n" ); document.write( "\"r+=+.08\"
\n" ); document.write( "\"t+=+3\"
\n" ); document.write( "-----------------
\n" ); document.write( "\"A+=+P%2A%281+%2B+rt%29\"
\n" ); document.write( "\"A+=+200%2A%281+%2B+.08%2A3%29\"
\n" ); document.write( "\"A+=+200%2A1.24\"
\n" ); document.write( "\"A+=+248\"
\n" ); document.write( "\"A+-+P+=+248+-+200\"
\n" ); document.write( "\"A+-+P+=+48\"
\n" ); document.write( "$48 interest will be earned after 3 years\r
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