document.write( "Question 283633: need to know how to figure simple interest if principal ,time, future value is known Example: 500 deposited in savings with simple interest after 6 months account earned 162.50 / what is the rate and how it is figured \n" ); document.write( "
Algebra.Com's Answer #205933 by rfer(16322)\"\" \"About 
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I=Prt
\n" ); document.write( "r=I/Pt
\n" ); document.write( "r=162.50/500*.5
\n" ); document.write( "r=.65=65%
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