document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=255584>Question 255584</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Solving Simple Interest Problems\r<BR>\n" );
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document.write( "P=$1180, R=6%, and T= 2 years \r<BR>\n" );
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document.write( "what is the interest rate and what is the total of deposit and interest earned </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #187793 by </B><A HREF=/tutors/aboutme.mpl?userid=palanisamy><B>palanisamy(496)</B></A><img src=\"/images/stars/stars-10.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=palanisamy><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=187793\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Given, P=$1180, R=6%, and T= 2 years<BR>\n" );
document.write( "Simple interest I = P*R*T<BR>\n" );
document.write( "                I = 1180*(6/100)*2<BR>\n" );
document.write( "                I = $ 141.60<BR>\n" );
document.write( "Total Amount = 1180+141.60 = $ 1221.60 </SPAN>\n" );
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