document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=348385>Question 348385</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If you have $250 in a bank account for 2 years. It earns $7.50 simple interest. What is the annual interest? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #249056 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley77><B>checkley77(12844)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley77><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=249056\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I=PRT<BR>\n" );
document.write( "7.50=250*R*2<BR>\n" );
document.write( "7.5=500R<BR>\n" );
document.write( "R=7.50/500<BR>\n" );
document.write( "R=.015 OR 1.5% INTEREST. </SPAN>\n" );
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